Antitrust measures should prioritize consumer welfare from "summary" of The Antitrust Paradox by Robert Bork
Antitrust measures must be aimed at enhancing consumer welfare. This principle is the cornerstone of a successful antitrust policy. The goal should be to protect competition, not competitors. When competition is robust, consumers benefit from lower prices, higher quality products, and greater innovation. This is the ultimate objective of antitrust enforcement. By focusing on consumer welfare, antitrust measures can avoid unintended consequences. If the goal is to protect competitors rather than promote competition, the result may be higher prices and reduced innovation. The interests of consumers should always com...Similar Posts
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