Thursday, December 5, 2019
John Newman, Miami advocates Anti-Hipster Antitrust.
ABSTRACT: Antitrust is undergoing a renaissance. New voices have emerged. Issues long considered settled have been opened for re-examination. Lively debate has prompted antitrust stakeholders to re-evaluate familiar concepts like “consumer welfare.” Some have welcomed this opportunity for self-reflection. But it has also been greeted with a different set of responses that seem more likely to stifle debate than to encourage it. These include charges of “populism,” fallacious criticisms, and a refusal to engage with the core arguments of the new progressives, who are labeled as “Hipster Antitrust.”