have the potential to distract antitrust analysis from its core mission: protecting competition and consumer welfare. While …

consumer welfare. We show that this argument is based on a misunderstanding of the kind of price discrimination that is … involved in variable proportion ties. The great majority of them almost certainly produce both welfare gains and net consumer … benefits. We also consider and reject the argument that tying produces greater welfare losses when viewed from an ex ante …

-sided markets. In addition, we argue that his "consumer welfare" criterion is misleading and liable to deceive, thus the hoax. The … Bork's definition of "consumer welfare" - it includes the economic rents of the firm - all at a cost to consumers … no producer's surplus - the estimated loss of consumers' welfare in $60.4 and $43.7 billion respectively from Google and …