(Preview) Amazon and the FTC, Antitrust Laws and Big Tech, Consumer Welfare and American Welfare
Sharp Tech with Ben Thompson
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Interpretation of Antitrust Laws and the Role of Objective Standards
This chapter delves into the debate surrounding the potential violation of antitrust laws by big tech companies. It explores whether these laws need to be updated for the digital age, suggesting the implementation of new regulations addressing acquisitions and contractual agreements. The chapter also critiques the antitrust movement for bypassing the legislative process in favor of changing laws through the courts, while emphasizing the importance of objective standards and the consumer welfare standard in these cases.
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