The Consumer Welfare Standard (CWS) has been the bedrock of U.S. antitrust law for the past several decades. Today, there seems to be a bipartisan consensus that Washington should act to rein in big tech’s perceived power. In supporting antitrust actions against big tech, policymakers on both the left and right are trying to delegitimize and even do away with the CWS.
What role does the CWS play in antitrust and why has it recently come under attack? And what impact would changing it have on everyday consumers?
Jennifer Huddleston, the Director of Technology and Innovation Policy at the American Action Forum, sits down with Kris Pusok to discuss these important questions.
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