Lest antitrust law becomes a tool for full-scale socio-economic engineering - which it was never intended for - its epistemological expansion must be disciplined by a principle - like other areas of law. That principle is the consumer welfare standard. Gr8 thread from @lazradic.bsky.social
@lazradic.bsky.social1/ This paper w @CompetitionProf explores a provocative idea: the rise of the consumer welfare standard wasn’t a top-down neoliberal coup, but a pragmatic response to the need for legal certainty, administrability, and evidence in judicialized systems. 🧵 papers.ssrn.com/sol3/papers....
