Robert Bork
The Corruption of Consumer Welfare
The consumer welfare standard is used in modern antitrust enforcement to evaluate a merger between two firms. However, its original definition was corrupted in...
The Consumer Welfare Standard and Antitrust Enforcement: a Response
Alden Abbott, former general counsel of the FTC, argues that, contrary to claims made in a recent ProMarket article, American competition is vibrant and robust....
The Rise, Survival, and Potential Fall of the Reagan-Era Antitrust Consensus
With major antitrust reform in the air, Brian Cheffins explores how and why a now highly controversial antitrust consensus that emerged under Ronald Reagan...
What Economists Mean When They Say “Consumer Welfare Standard”
Though coined by academic economists, the term “consumer welfare standard” has been captured and changed by the economic school of thought known as the...
With the Court Approval of the T-Mobile/Sprint Merger, the Dominant Doctrine in Antitrust Has Jumped the Shark
New York Judge Victor Marrero allowed two major mobile companies to merge in an already concentrated telecom industry, ensuring that prices will rise and...
