By Joshua Sherman ( October 4, 2021, 5:31 PM EDT) -- The consumer welfare standard has been a subject of intense interest and debate recently in the U.S., punctuated by the 19-hour debate session in Congress in late June,[1] the July executive order aimed at promoting competition in the U.S. economy,[2] the Federal Trade Commission's 3-2 vote on Sept. 15 to withdraw its approval of the 2020 Vertical Merger Guidelines[3] and the Sept. 22 memo from the FTC Chair Lina Khan regarding her vision and priorities for the organization.[4]...
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