Antitrust laws should focus on consumer harm from "summary" of The Antitrust Paradox by Robert Bork
The fundamental premise underlying antitrust laws is the protection of competition in the marketplace. The primary concern should be whether a particular business practice harms consumer welfare by restricting competition. This approach ensures that antitrust laws promote economic efficiency and benefit consumers. By focusing on consumer harm, antitrust laws can effectively prevent anti-competitive behavior that may result in higher prices, lower quality products, or reduced innovation. Antitrust laws should not be used to protect individual competitors or promote a particular type of market structure. Instead, the ...
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