Re:U.S. House committee approves blueprint for Big Tech crac...
by Bjartr on Friday April 16, 2021 @05:49PM
(#26839429)
Thanks for clarifying! That "consumer harm" is a term of art here, and not a catch-all for all downsides the consumer experiences is exactly the kind of confusion I was hoping to clear up.
This was invented from whole cloth by Robert Bork, Richard Posner, and Aaron Director, at the University of Chicago, as part of a decades-long project and organisation to redraft US antitrust policy. It was devastatingly effective.
It also has little if any basis in the legislative rationale of original antitrust legislation in the US.
https://en.wikipedia.org/wiki/The_Antitrust_Paradox