Consumer welfare standard
id:
consumer-welfare-standard-323-11363628
title:
Consumer welfare standard
text:
In the context of U.S. competition law, the consumer welfare standard (CWS) or consumer welfare principle (CWP) is a legal doctrine used to determine the applicability of antitrust enforcement. Under the consumer welfare standard, a corporate merger is deemed anti-competitive “only when it harms both allocative efficiency and raises the prices of goods above competitive levels or diminishes their quality". This contrasts with earlier frameworks of antitrust theory, and more recently the New Bran
brand slug:
wiki
category slug:
encyclopedia
description:
Legal doctrine in antitrust law
original url:
https://en.wikipedia.org/wiki/Consumer_welfare_standard
date created:
date modified:
2023-10-30T23:05:23Z
main entity:
{"identifier":"Q108551196","url":"https://www.wikidata.org/entity/Q108551196"}
image:
fields total:
13
integrity:
14