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than offline. Online demand is more price-elastic. We compute consumers' welfare effects for different scenarios. E … observed average price would further increase welfare by 0.02% of GDP. …
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More than a decade after the proclamation of consumer welfare as a goal of EU competition law, a fundamental question … remains unanswered: namely, what is the content of the EU consumer welfare standard? What types of benefits and harms count … respectively as welfare and as harm? Whose harm and whose benefit is included in the definition? Few answers have been available to …
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The cost to merchants of taking payment on debit cards declined by more than $7 billion annually as a result of the Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, while the effective cost to issuers of providing debit card services to consumers...
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competition law and consumer law considering their shared objective of accomplishing ‘consumer welfare’. The significance of this …
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