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Reframing the (False?) Choice Between Purchaser Welfare and Total Welfare

Meese, Alan J.
William & Mary Law School Scholarship Repository · Papers
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antitrust-and-trade-regulationantitrust-lawconsumer-protection
This Article critiques the role that the partial equilibrium trade-off paradigm plays in the debate over the definition of “consumer welfare” that courts should employ when developing and applying antitrust doctrine. The Article contends that common reliance on the paradigm distorts the debate betwe
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