Should Section 5 Guidelines Focus on Economic Efficiency or Consumer Choice?

Authors

Robert H. Lande, University of Baltimore School of LawFollow

Document Type

Article

Publication Date

5-13-2014

Abstract

FTC Commissioner Joshua Wright is right that it would be desirable for the Commission to issue Section 5 antitrust guidelines. This article will demonstrate, however, that the best way to formulate Section 5 guidelines is to focus them on the goal of protecting consumer choice, rather than to embrace Commissioner Wright's proposal to neuter the FTC Act by confining it in an economic efficiency straitjacket. Only if Section 5 guidelines were formulated appropriately would they improve consumer welfare during the Commission's second century.

Comments

https://www.competitionpolicyinternational.com/should-section-5-guidelines-focus-on-economic-efficiency-or-consumer-choice/

Recommended Citation

Should Section 5 Guidelines Focus on Economic Efficiency or Consumer Choice?, 5 CPI Antitrust Chron. 1 (May 2014)