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The Multiple Goals of Antitrust

机译:反托拉斯的多重目标

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This article proceeds by briefly describing the origins and transformation of the consumer welfare model, arguing that as a designated exclusive goal for antitrust, it is both confusing and incomplete. The discussion then turns to fundamental questions about what we want from our political economy generally and from antitrust more specifically, demonstrating that the answers are not well captured by the “consumer welfare” rubric. In fact, there are multiple economic, political, cultural, and historic values at work, and there are significant shortcomings if we try to make any one economic value the singular lodestar. At the same time, holding that there are multiple goals also has important shortcomings. We offer an alternative way of conceptualizing the question of goals, in which the primary objective of antitrust and competition policy is to promote and protect a political economy that provides the society’s best mixture of competition and cooperation, given its culture, history, technology, and political situation at a given period of time.
机译:本文首先简要描述了消费者福利模型的起源和转变,认为作为反托拉斯的既定目标,它既混乱又不完整。然后,讨论转向了关于我们总体上希望从我们的政治经济学中以及从更具体地从反托拉斯中获得什么的基本问题,表明“消费者福利”的标题不能很好地把握答案。实际上,在工作中存在着多种经济,政治,文化和历史价值,如果我们试图使任何一种经济价值成为奇异的星号,也将存在重大缺陷。同时,认为有多个目标也有重要的缺点。我们提供了一种将目标问题概念化的替代方法,其中反托拉斯和竞争政策的主要目标是促进和保护一种政治经济,考虑到社会的文化,历史,技术和知识,这种政治经济将为社会提供最佳的竞争与合作组合在特定时期内的政治局势。

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