As the @FTC's case against @Amazon looms, any #Antitrust enforcement should consider the benefits #Amazon provides consumers and the potential harm that would result from interfering with those services. #Antitrust should not shift focus from the #ConsumerWelfareStandard to a “big is bad” approach that focuses on controlling particular companies instead of protecting consumers
https://www.project-disco.org/competition/112322-who-is-meant-to-be-protected-by-antitrust-law-and-policy/

The American elite has *always* hated antitrust. In the 1980s, #RonaldReagan, abetted by #RobertBork and his co-conspirators at the #ChicagoSchoolOfEconomics gutted antitrust through something called the "#ConsumerWelfareStandard," which ended anti-monopoly enforcement except in instances where price hikes could be directly and unarguably attributed to market power, which is, basically, never.

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Procompetitive behavior by a business benefits #consumers but may harm rival businesses. Lately, however, some bills have received attention that could punish businesses for behaviors that injure competitors even when those behaviors benefit consumers.
#Competition #ConsumerWelfareStandard #Antitrust
https://www.project-disco.org/competition/bills-banning-injury-to-rivals-would-block-procompetitive-behavior/