A PYMNTS Company

Antitrust Chronicle® – Intermediaries

BY | June 29, 2022

Dear Readers, In antitrust policy discourse (particularly, but not exclusively, concerning the digital economy), there is often a background assumption that intermediaries impose a consumer and societal cost. Thus, the…

Dear Readers,

In antitrust policy discourse (particularly, but not exclusively, concerning the digital economy), there is often a background assumption that intermediaries impose a consumer and societal cost. Thus, the colloquial phrase “cut out the middleman” – which, translating from the vernacular to the parlance of antitrust means “disintermediate” the consumption of goods – is a formulation that will never lose currency.

One therefore commonly sees arguments that consumer welfar

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 44.200.86.95

Please verify email or join us to access premium content!