Today, the AAI submitted comments in response to the Federal Trade Commission’s request for public comments for Hearing #2 On Competition and Consumer Protection in the 21st Century. The FTC sought feedback on eleven wide-ranging topics, including the propriety of the consumer welfare standard, how antitrust law should account for public policy concerns, evidence of increasing concentration and changing price-cost margins, reform priorities, international convergence, error costs, out-of-market benefits, and monopsony and buyer power.
AAI’s comments collect, organize, and provide excerpts of AAI’s recent work in several of these areas.