Antitrust's Pursuit of Purpose
7 Pages Posted: 3 Apr 2013
Date Written: April 1, 2013
Consumer welfare is the stated goal of U.S. antitrust law. It was offered to resolve contradictions and inconsistencies in antitrust. The Supreme Court adopted it believing that “Congress designed the Sherman Act as a consumer welfare prescription.” Alas, since the introduction of the standard, antitrust has been searching for its purpose. This Foreword introduces the debate on the goals of antitrust and briefly presents perspectives in this debate.
Keywords: antitrust, competition, Robert Bork, consumer welfare
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