ICLE Comments, FTC's Hearings on Competition and Consumer Protection in the 21st Century

40 Pages Posted: 31 May 2019

See all articles by Geoffrey A. Manne

Geoffrey A. Manne

International Center for Law & Economics (ICLE); IE University - IE Law School

Julian Morris

International Center for Law and Economics; Reason Foundation; IEA, Institute of Economic Affairs, U.K.

Justin (Gus) Hurwitz

International Center for Law & Economics (ICLE); University of Pennsylvania Law School

Kristian Stout

International Center for Law & Economics (ICLE)

Date Written: August 20, 2018

Abstract

In this comment, we primarily address the first question asked by the Commission (“The state of antitrust and consumer protection law and enforcement, and their development, since the Pitofsky hearings”). However, our comments also speak to several other questions. We do so in part through the lens of history, in part through the lens of contemporary economic analysis. In section I, we look at the history and evolution of antitrust policy. In Section II, we consider the continued vitality of the consumer welfare standard. In Section III, we discuss the importance of economically grounded, evidence based antitrust. In Section IV, we address consumer protection issues.

Keywords: Antitrust, Consumer Protection, FTC

Suggested Citation

Manne, Geoffrey and Morris, Julian and Hurwitz, Justin (Gus) and Stout, Kristian, ICLE Comments, FTC's Hearings on Competition and Consumer Protection in the 21st Century (August 20, 2018). Available at SSRN: https://ssrn.com/abstract=3384794 or http://dx.doi.org/10.2139/ssrn.3384794

Geoffrey Manne (Contact Author)

International Center for Law & Economics (ICLE) ( email )

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IE University - IE Law School ( email )

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Spain

Julian Morris

International Center for Law and Economics ( email )

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Portland, OR 97232
United States

HOME PAGE: http://https://laweconcenter.org/author/julianmorriss/

Reason Foundation ( email )

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IEA, Institute of Economic Affairs, U.K.

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United Kingdom

Justin (Gus) Hurwitz

International Center for Law & Economics (ICLE) ( email )

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Suite 300
Lake Oswego, OR 97035
United States

University of Pennsylvania Law School ( email )

3501 Sansom Street
Philadelphia, PA 19104
United States

Kristian Stout

International Center for Law & Economics (ICLE) ( email )

2117 NE Oregon St.
Ste 501
Portland, OR Oregon 97232
United States
5037700076 (Phone)
5037700076 (Fax)

HOME PAGE: http://www.laweconcenter.org

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