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

In this paper, we discuss whether the consumer welfare (CW) standard needs to be replaced or revised in order for antitrust law to deal effectively with the economic challenges of the platform economy. We argue that both the general and platformspecific assaults on the CW standard are misguided, tha...

Full description

Saved in:

Bibliographic Details
Published in:	Review of industrial organization Vol. 54; no. 4; pp. 741 - 774
Main Authors:	Melamed, A. Douglas, Petit, Nicolas
Format:	Journal Article
Language:	English
Published:	New York Springer Science + Business Media 01.06.2019 Springer US Springer Nature B.V
Subjects:	Antitrust laws Assaults Competition Consumerism Economics Economics and Finance Industrial Organization Labor market Markets Microeconomics Political power Politics Social networks Welfare Consumer welfare Competition Platforms Market power Monopoly Antitrust
ISSN:	0889-938X, 1573-7160
Online Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

Be the first to leave a comment!