A PYMNTS Company

Hipster Antitrust Meets Public Choice Economics: The Consumer Welfare Standard, Rule Of Law, And Rent-Seeking

BY | April 18, 2018

Hipster Antitrust calls for the rejection of the consumer welfare standard as the lodestar of antitrust law in favor of a vague “public interest” test that requires courts and agencies…

Hipster Antitrust calls for the rejection of the consumer welfare standard as the lodestar of antitrust law in favor of a vague “public interest” test that requires courts and agencies to consider a variety of social and political goals. In short, Hipster Antitrust seeks to dismantle the well-defined, economics-based approach to antitrust. It does so while attacking corporate America generally and with rhetorical flourish that nostalgically yearns for a return to the trustbusting days of ant

...
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 100.28.2.72

Please verify email or join us to access premium content!