The consumer welfare standard has been the backbone of antitrust policy for over 40 years and provides a consistent basis for the enforcement of antitrust law. The consumer welfare standard is measurable using economic analysis and empirical evidence, facilitating a reliable and objective application of antitrust law. Commandeering antitrust policy as a tool to solve other societal ills including depressed employee wages and harm to competitors risks creating uncertainty, stifling innovation, and slowing economic growth. Read more: https://www.americanactionforum.org/insight/why-the-consumer-welfare-standard-is-the-backbone-of-antitrust-policy/#ixzz7isdess5r Follow us: @AAF on Twitter