As wave after wave of regulatory crackdowns have dominated China tech news in 2021, one can be excused for losing track of what is being regulated, who is doing the regulating, and what exactly the regulations are. From fintech to data management to education, the rules of the game are being re-written by a range […]
FTC Meeting Signals Aggressive And Novel Enforcement To Come | Morrison & Foerster LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
century ago and that haven t really been changed in terms of how people interpret the laws. key themes, for example, that the core question of whether consumers are harmed by a company that is alleged to be anti-competitive is something that hasn t changed, sort of a key tenet of anti-trust law. the federal judge who dismissed these complaints in this case and one case entirely has said, look, this is a preservice. he did mention that. that is implying this was known as a consumer welfare standard, the test as to whether prices have gone up and if consumers are harmed is still a pretty strong tenet of anti-trust law. last week the markup for one of the bills that would try to get at the size of these companies went until 5:00 in the morning. i think it s getting a serious
New Antitrust Bills Highlight Continued Big Tech Scrutiny | Bryan Cave Leighton Paisner jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Republican Senators Must Choose Lee Over Hawley
Kudos then to Jeffrey Westling, a fellow at R Street, who nails it in
an incisive article [2] explaining exactly what is wrong with Sen. Hawley’s, “The Trust Busting for the 21st Century Act.”
This bill would amend the Sherman Act to exclude the need for defining a given market in specific circumstances, force defendants to show that commercially reasonable alternatives didn’t exist for anti-competitive conduct, and eliminate the Consumer Welfare Standard in favor of protecting economic competitors.
Westling takes care to delineate the careful way the law is currently used by courts to examine a firm’s conduct and the market it serves to determine if an anti-competitive harm has occurred.