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Posts Tagged: “consumer welfare“
A Price Based Case for Privatization
While the government typically enters into various industries with the goal of bettering outcomes for citizens, the industries they enter often become damaged in ways they never predict. People often resent the higher level of government control theoretically, but even from a consumer welfare perspective most government industry entries leave much to be desired. While […]
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Antitrust on Trial: Why the FTC is an Arbitrary Threat to Fair Business
While primarily motivated by a desire to promote consumer welfare, antitrust has become a witch hunt which endangers the ability of businesses in general to effectively operate. Antitrust regulation was created on the idea that businesses can effectively collude to keep prices high, and that the emergence of monopolies will create a stable threat to […]
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