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What policies help to control abuse of monopoly power?
Economists have often advocated antitrust policy, public enterprise, or regulation to control the abuse of monopoly power.
What are the public policies to combate market power?
The public policy to combat market power is through the Federal Trade Commission. They can prevent mergers, let mergers go through with the condition of selling some assets in which there is concentrated market power. Also the Department of Justice can litigate and even break up large companies such as it has done with Standard Oil and AT&T.
How does the government fiscal policy affect the economy?
When inflation increase
What are the factors affecting business policy?
There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.
What is nature and objective of business policy?
The nature and objective of business policy are both formulated as plans and determined by a business organisation.Objective is the end to a plan while policy is the mode and manner to reach the objective. A business policy is: guidelines that facilitate to reach a predetermined objective both in mode and manner formulated from the top to the lower level management while Objectives are the endpoints to a plan.
What gives the government the power to regulate mergers between firms?
In contrast to competitive markets monopolies fail to allocate the resources efficiently. Policy makers in the government thus can respond to the problem on monopoly in many ways.Like for the regulation of mergers the government gets the power from antitrust laws. The antitrust laws are a collection of statutes aimed at curbing monopoly power.American antitrust laws are state and federal laws created to prevent monopolies. Antitrust laws apply to both businesses and individuals. The philosophy behind the laws is that trusts and monopolies can stagnate markets and prevent others from engaging in healthy market competition.
What was the antitrust policy?
trusts were another name for monopolies so antitrust policy was were the government intervene to prevent monopolies from forming
What has the author Dennis Swann written?
Dennis Swann has written: 'Competition and consumer protection' -- subject(s): Antitrust law, Consumer protection, Law and legislation 'The Single European Market and Beyond' 'Competition and industrial policy in the European Community' -- subject(s): Competition, European Coal and Steel Community, European Economic Community, Government policy, Industrial policy 'The Economics of the Common Market' 'Antitrust policy in Europe' -- subject(s): Antitrust law 'Antitrust policy in Europe' -- subject(s): Antitrust law
When was The Antitrust Paradox created?
"The Antitrust Paradox" was created in 1978 by Robert Bork. It has become a significant work in the field of antitrust law and has influenced the way competition policy is approached in the United States.
What has the author William F Shughart written?
William F. Shughart has written: 'Antitrust policy and interest-group politics' -- subject(s): Antitrust law, Economic aspects, Economic aspects of Antitrust law
What has the author Herbert Hovenkamp written?
Herbert Hovenkamp has written: 'Enterprise and American law 1836-1937' 'Federal antitrust policy' -- subject(s): Antitrust law, Economic aspects, Economic aspects of Antitrust law
Which government policy would this cartoonist most likely support?
adopting antitrust laws
What has the author J F Weston written?
J F. Weston has written: 'Public policy towards mergers'
What has the author George Cyriax written?
George Cyriax has written: 'Monopoly and competition' -- subject(s): Antitrust law, Competition, Economic policy, Monopolies, Restraint of trade 'Monopoly and competition' -- subject(s): Restraint of trade, Antitrust law
What was part of the Woodrow Wilson's New Freedom agenda?
The New Freedom is the policy of U.S. President Woodrow Wilson which promoted antitrust modification, tariff revision, and reform in banking and currency matters
What has the author Philip H Clarke written?
Philip H. Clarke has written: 'Contract law' -- subject(s): Contracts 'Competition law and policy' -- subject(s): Cases, Restraint of trade, Antitrust law 'Competition law and policy' -- subject(s): Antitrust law, Cases, Competition, Unfair, Restraint of trade, Unfair Competition
What is Nature and concept of business policy?
what is the concept and nature of corporate policies
