Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Consumer welfare standard is not a law enacted by Congress its just something a lawyer named Robert Bork that was rejected from the Supreme Court popularized in the 70s. It was pre-internet and couldn’t comprehend platform firms like Amazon that price below cost for years to win a market and kill competition


Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: