One problem with the way antitrust doctrine is applied today in courts, which itself is an ahistorical interpretation of the law, is the way judges apply the “principles” of economics to their legal analysis of monopoly (anticompetitive) harms, harms sustained by immense market power. The standard, popular threshold to measure…
Comments closedTag: Antitrust
The whole of social science and legal research offers vast amounts of evidence to disabuse any notion that free markets exist anywhere in a capitalist society. Everyone from non-economists to the general public cannot escape this reality. We as individuals have no choice but to exist under capitalism because it…
Comments closed
Has the Law Really Been About Protecting the Aggregate Welfare of the Consumer?
Comments closed