Trump can rein in Biden's out-of-control antitrust operation
The Senate Judiciary Committee soon will hold confirmation hearings for Gail Slater for assistant attorney general, antitrust division. Slater's antitrust understanding is broad and deep; she previously worked in the Trump 45 administration, the Federal Trade Commission (FTC) and the private sector. She already has support from several senators and Attorney General Pam Bondi; she ought to be confirmed easily. Slater, once confirmed, FTC Chairman Andrew Ferguson, and their respective agencies should return to following the Consumer Welfare Standard ("CWS"), which has been the law of the land since the Supreme Court's 1979 Reiter v. Sonotone opinion. Reiter adopted CWS from Professor Robert Bork's seminal 1978 book, "The Antitrust Paradox," which explained that competition leads companies to benefit consumers through, for example, lowering prices, growing output, improving customer service, expanding research and development, and increasing innovation.
Feb-19-2025, 10:00:33 GMT
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