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It amazes me that the consumer welfare standard has become so ingrained in legal antitrust. How is a company town, feudalism, or even slavery not the purest en
by poof131 5y ago
It amazes me that the consumer welfare standard has become so ingrained in legal antitrust. How is a company town, feudalism, or even slavery not the purest endgame of this logic? Own nothing and forever be indebted. “Wow, everything is free for most consumers, I guess we created a great world!” Can we move on to the total welfare standard, please. [1]
[1] https://www.ftc.gov/system/files/documents/public_statements/1455663/welfare_standard_speech_-_cmr-wilson.pdf https://www.ftc.gov/system/files/documents/public_statements...
- amelius 5y agoThat font ...
- bqmjjx0kac 5y agoTimes New Roman?
- amelius 5y agoYeah, looks like a Firefox rendering problem.