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 19
... export licensing regulated the pattern of international trade . Price fixing and rationing became a feature of the domestic economy . 1 A most useful reference book in this field is J. W. Grove , Government and Industry in Britain ...
... export licensing regulated the pattern of international trade . Price fixing and rationing became a feature of the domestic economy . 1 A most useful reference book in this field is J. W. Grove , Government and Industry in Britain ...
Page 21
... Export Group arrangements , and in the wartime concentration schemes for industries forced to release manpower for military purposes . Not unexpectedly , such soundly forged links provided a framework for outright financial merger or ...
... Export Group arrangements , and in the wartime concentration schemes for industries forced to release manpower for military purposes . Not unexpectedly , such soundly forged links provided a framework for outright financial merger or ...
Page 22
... export controls were manipulated as instruments of public policy . Government agencies engaged in State trading of food and raw materials , and even by 1951 Government Departments purchased approximately one - half by value of all ...
... export controls were manipulated as instruments of public policy . Government agencies engaged in State trading of food and raw materials , and even by 1951 Government Departments purchased approximately one - half by value of all ...
Page 23
... exports by yardage of printed cotton piece goods averaged merely 50 per cent of average export yardage for 1910-13 . 1 See J. Grove , op . cit . , p . 45. ' The Departure from Free Trade in 1932 has been called a stroke of fate rather ...
... exports by yardage of printed cotton piece goods averaged merely 50 per cent of average export yardage for 1910-13 . 1 See J. Grove , op . cit . , p . 45. ' The Departure from Free Trade in 1932 has been called a stroke of fate rather ...
Page 28
... export performance might be improved by facilitating developments of a similar nature in this country . The Government considered that a public examination of these issues would be beneficial . The later inter - war industrial inquiry ...
... export performance might be improved by facilitating developments of a similar nature in this country . The Government considered that a public examination of these issues would be beneficial . The later inter - war industrial inquiry ...
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