Antitrust Damages Fail to Deter Violations, Leaving Consumers Unprotected
Antitrust damages are not actually tripled as commonly believed. The damages awarded for antitrust violations are often less than the actual harm caused. Various factors like attorney fees, court costs, and market power effects reduce the damages multiplier. When all adjustments are considered, awarded damages are likely at the single level. This challenges the idea that antitrust damages should be significantly higher to address detection and proof issues.