Antitrust laws
In a "Natural Monopoly" to prevent companies from exploiting their monopolies with high prices, they are regulated by government. Typically, they are allowed a fixed percentage of profit above cost. But this type of regulation can lead to inefficient high costs, since the monopoly is guaranteed a profit. Thus economists call this a "lazy monopoly."
The Sherman Anti Trust and other anti-monopoly legislation tackled several businesses during the 1920s. For a period of time, even Major League baseball was targeted. Commonwealth Edison, which was owned by Samuel Insull, was a utility monopoly. The fight against this monopoly would lead to the Public Utility Holding Act legislation.
When a big company buys or takes over another smaller company, competition is reduced, and customers have less choices.
Generally yes. In a monopoly they charge whatever price they choose because there is no competition. Governments go to great lengths to limit the impact of monopolies. In theory they have complete control over the price but consumer consternation could lead to price regulation in sensitive areas.
The law that prohibits actions that lead to a monopoly is the Sherman Antitrust Act. This legislation aims to promote fair competition by preventing businesses from engaging in practices that restrict trade or create monopolies that harm consumers.
Antitrust laws
Antitrust laws
antitrust laws
dwi
In a "Natural Monopoly" to prevent companies from exploiting their monopolies with high prices, they are regulated by government. Typically, they are allowed a fixed percentage of profit above cost. But this type of regulation can lead to inefficient high costs, since the monopoly is guaranteed a profit. Thus economists call this a "lazy monopoly."
b) "Unplanned actions may lead to a mess". Elucidate the statement with the help of significance of planning.
Yes. There is no guard at his elbow who would prevent the actions that could lead up to that result.Yes. There is no guard at his elbow who would prevent the actions that could lead up to that result.Yes. There is no guard at his elbow who would prevent the actions that could lead up to that result.Yes. There is no guard at his elbow who would prevent the actions that could lead up to that result.
Yes of course he was. He lead the Nazis.
the socity will have choice which will lead in companies producing quality goods at a lower price .monopoly will end
The invasion of Poland was the last straw .
hi