The British Monopolies CommissionThis book is a key example of the emergence of public choice theory by an economist who was to become one of its major exponents. It combines a detailed, critical study of the Monopolies Commission, with an analysis of the economic issues involved in monopoly supervision and control. |
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Page 11
... Competitive Process 8. Trade Association Agreements and Barriers to Inter - Member Competition 9. Trade Association Agreements and Barriers to Independent Competition 10. The Trade Association and Public Policy PART IV THE DOMINANT FIRM ...
... Competitive Process 8. Trade Association Agreements and Barriers to Inter - Member Competition 9. Trade Association Agreements and Barriers to Independent Competition 10. The Trade Association and Public Policy PART IV THE DOMINANT FIRM ...
Page 34
... competition under a private enterprise system . The development of the combination movement , and the trend towards rationalization in Britain during the inter - war period , therefore , provided the Liberal Party with an intellectual ...
... competition under a private enterprise system . The development of the combination movement , and the trend towards rationalization in Britain during the inter - war period , therefore , provided the Liberal Party with an intellectual ...
Page 39
... competition has not been fully consistent through time . The courts have displayed increasing legal tolerance for such agreements1 since the seventeenth century . The dominant firm , meanwhile , has been completely unfettered in its ...
... competition has not been fully consistent through time . The courts have displayed increasing legal tolerance for such agreements1 since the seventeenth century . The dominant firm , meanwhile , has been completely unfettered in its ...
Page 64
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Contents
15 | |
PART II THE MONOPOLIES COMMISSION | 49 |
PART III TRADE ASSOCIATION INQUIRIES | 107 |
PART IV THE DOMINANT FIRM | 191 |
PART V STATISTICAL MEASURES OF ECONOMIC PERFORMANCE | 261 |
ECONOMIC CONSEQUENCES | 321 |
PART VII CONCLUSIONS AND RECOMMENDATIONS | 369 |
APPENDICES | 379 |
CLASSIFIED BIBLIOGRAPHY | 384 |
INDEX | 389 |
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Common terms and phrases
accepted accounted action activities advantages agreements allowed argued arrangements assets Board of Trade British British Oxygen cable capacity capital cent changes Commission's Committee common companies competition completely concerned conclusions considerable considered cost Court criticized demand detailed dominant firm economic effective efficiency Electric eliminate established evidence examined excess existing export Federation field Government Group Imperial Tobacco important increase independent indicated individual industry inquiry instances investment involved issues legislation less limited lower majority manufacturers Match measure ment Monopolies Commission obtain operated organization parties period plant pointed possible powers practices prevent price fixing price system problems production profit public interest purchase rate of return reasonable recommended reduced reference relating Report respect Restrictive result return on capital scale scheme selected share supply tion trade associations undertakings United