Antitrust Enforcement Levels and Quality Again: A Hypothetical Conversation

I’ve done some more thinking about my recent post on the problems associated with claims that infer greater antitrust enforcement quality solely from enforcement activity and come to the conclusion that my post oversimplified matters. I remain rather skeptical about this inference but wanted to highlight some of the nuances in the debate that I skimmed over in the previous post. In the spirit of highlighting some of these issues, and because I’ve always wanted to try one of these posts, here’s a hypothetical dialogue between myself (JW) and an anonymous economist with a more interventionist bent (AE) in the spirit of highlighting some of the complexities of the potential link between enforcement activity and consumer welfare…

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