December 1991 LSAT - Section 3 - Question 16
Emil-Kunkin August 1, 2023
I think that SC prices are only one example of monopoly power. The passage goes through another example of monopoly power in paragraph three, in which I don't think we know for sure if the Walmart like firm is using sc prices. This is an example of monopoly power actually increasing welfare, at least in theory. I think the final paragraph is the best evidence we have for E. It more or less tells us that the point of antitrust law is to max consumer welfare.