The Misguided Assault on the Consumer Welfare Standard in the Age of Platform Markets

This paper discusses the recent scholarly and policy attack against the consumer welfare (“CW”) standard. It shows that the CW standard is not the explanatory factor for perceived low levels of antitrust enforcement in the US. The arguments made against the CW standard reflect a misunderstanding of its purpose and effects. Moreover, any deviation from the CW framework would likely weaken antitrust enforcement in the platform age

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Year of publication:	2020
Authors:	Melamed, A. Douglas
Other Persons:	Petit, Nicolas (contributor)
Publisher:	[2020]: [S.l.] : SSRN

Extent:	1 Online-Ressource (48 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Review of Industrial Organization, Volume 54, Issue 4, June 2019, Pages 741-774 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 30, 2018 erstellt
Other identifiers:	10.2139/ssrn.3248140 [DOI]
Classification:	K20 - Regulation and Business Law. General ; K21 - Antitrust Law ; L41 - Monopolization; Horizontal Anticompetitive Practices ; L10 - Market Structure, Firm Strategy, and Market Performance. General ; L20 - Firm Objectives, Organization, and Behavior. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012851378