News for hackers. Stuff that matters.

A comment on U.S. Accuses Google of Illegally Protecting Monopoly. Parent comment

Re:U.S. Accuses Google of Illegally Protecting Monopoly by ViViDboarder on Wednesday October 21, 2020 @12:56AM (#24844846)
> Probably true, but antitrust law is based on consumer welfare.

I don’t believe this is true. The law doesn’t set that criteria, but rather it’s a standard of interpretation known as the Chicago School. This was established far after, but is not law.

There’s a lot of debate on whether or not we should continue to maintain the standard.

https://www.law.uchicago.edu/news/reassessing-chicago-school...

Antitrust legislation was originally established to prevent monopoly power from giving a company influence that could challenge that of government and harm democracy.

[ Parent | on HN ]
Re:U.S. Accuses Google of Illegally Protecting Monopoly by dcolkitt on Wednesday October 21, 2020 @02:35AM (#24845287)
It is an interpretation, but one explicitly endorsed by 30 years of Supreme Court precedent. Given the current composition of the court, it's unlikely that we'll ever see the consumer welfare standard overruled in our lifetime.
[ Parent | on HN ]