Consumer welfare should be the primary concern from "summary" of The Antitrust Paradox by Robert Bork
The fundamental principle that should guide antitrust policy is the promotion of consumer welfare. This means that the primary concern of antitrust laws should be to protect the interests of consumers, rather than competitors or other market participants. When antitrust policy is focused on consumer welfare, it leads to greater efficiency, innovation, and overall economic growth. Consumer welfare is best served when markets are competitive and when businesses are free to compete on the merits. Competition drives businesses to offer better products at lower prices, benefiting consumers. When businesses are able to compete freely, it encourages innovation and efficiency, leading to better products and services for consumers. Antitrust laws should be used to prevent conduct ...Similar Posts
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