The Output-Welfare Fallacy; John Newman

Competition Policy and Antitrust

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Presented by the Information Society Project


With each passing day, Silicon Valley tech giants face increasingly intense antitrust scrutiny. Proving output effects in a case involving complex digital products will often be difficult or impossible. In this event, John Newman contends that ridding antitrust of the Output-Welfare Fallacy forces a long-overdue reckoning with foundational questions about antitrust’s core values.


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