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Navigating Antitrust in Tech: Impacts on Consumers and Small Businesses
This chapter delves into the potential negative consequences of misinformed antitrust measures on consumers and small businesses, challenging the narrow definitions of market dominance. It scrutinizes the consumer welfare standard in antitrust, particularly focusing on Apple's 30 percent fee on App Store purchases and the balance between competition and consumer security. The discussion emphasizes the importance of aligning with consumer needs for innovation, debates the boundaries between antitrust concerns and business practices, and examines the implications of big tech companies on the startup ecosystem.