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 20
... concerned itself with unionemployer relationships . In 1919 however , this function was transferred to a newly - constructed organization - The British Employers ' Confederation . These three organizations were to play an important part ...
... concerned itself with unionemployer relationships . In 1919 however , this function was transferred to a newly - constructed organization - The British Employers ' Confederation . These three organizations were to play an important part ...
Page 21
... concerned , it is true , by fears of profiteering on the part of private enterprise unshackled from public controls . It was committed politically in any event to an expansion of state economic interference . Its fears accounted for ...
... concerned , it is true , by fears of profiteering on the part of private enterprise unshackled from public controls . It was committed politically in any event to an expansion of state economic interference . Its fears accounted for ...
Page 36
... concerned during the interwar period with other serious social ills such as unemployment , poverty , and health , than with the problem of monopoly policy . One example of Labour thinking on monopoly policy is indicated by the proposals ...
... concerned during the interwar period with other serious social ills such as unemployment , poverty , and health , than with the problem of monopoly policy . One example of Labour thinking on monopoly policy is indicated by the proposals ...
Page 38
... concerned with the problem of industrial organization than was its major political opponent . GENERAL CONCLUSIONS During the inter - war period the rationalization movement achieved far less than had been anticipated . Many schemes ...
... concerned with the problem of industrial organization than was its major political opponent . GENERAL CONCLUSIONS During the inter - war period the rationalization movement achieved far less than had been anticipated . Many schemes ...
Page 43
... concerned were prepared to honour it . The voiding of such a contract did not render it illegal . 5 The 1956 Act , of course , established a system. The 1948 Act itself made no direct impact upon the common law . The Monopolies ...
... concerned were prepared to honour it . The voiding of such a contract did not render it illegal . 5 The 1956 Act , of course , established a system. The 1948 Act itself made no direct impact upon the common law . The Monopolies ...
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