FOUR QUESTIONS FOR THE NEOBRANDEISANS

[vc_row full_width=”stretch_row_content” css=”.vc_custom_1526582845400{background-color: #b6b6b6 !important;}”][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column width=”1/4″][/vc_column][vc_column width=”3/4″][vc_column_text]FOUR QUESTIONS FOR THE NEOBRANDEISANS By Daniel A. Crane

The “Neo-Brandeisian” school is challenging the prevailing consensus that antitrust law should primarily seek to advance consumer welfare. This brief essay poses four critical questions to the Neo-Brandeisians: (1) why throw out the baby with the bath water; (2) is the problem bigness or market power; (3) what principle should resolve the inevitable trade-offs between consumers and other interests; and (4) is bigness a curse in industry only, or also in government?

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