Problem
A. Bork argued that courts should not be concerned with protecting small business but only be concerned with whether the behavior in question is beneficial to economic efficiency as supporting consumers. Do you think antitrust law should protect small business? Why or why not?
B. Bork thought that antitrust law and the consumer welfare standard should be protecting companies who win based on their superior ability to produce and to sell products that consumers want to buy. Do you agree or disagree? Why?
C. FTC chair Lina Khan wants to reorient federal thinking around monopolies to a question of democratic welfare. Do you think monopolies are harmful to democracy? Why or why not?
D. Lina Khan says she sees a direct link between corporate consolidation and income inequality due to decreased bargaining power in the labor force and decreased ability to start a new business and compete. Do you agree or disagree? Why?