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 9
... inquiry and report on economic problems , as typified by the Monopolies Commission . As a result , this book combines a detailed critical study of the Monopolies Commission itself , with an analysis of the economic issues involved in ...
... inquiry and report on economic problems , as typified by the Monopolies Commission . As a result , this book combines a detailed critical study of the Monopolies Commission itself , with an analysis of the economic issues involved in ...
Page 28
... INQUIRY AND THE OFFICIAL REPORTS During the inter - war period a number of official inquiries were conducted into the structure and performance of British industry . It is worth while to examine the reports of the more important ...
... INQUIRY AND THE OFFICIAL REPORTS During the inter - war period a number of official inquiries were conducted into the structure and performance of British industry . It is worth while to examine the reports of the more important ...
Page 34
... inquiry into market dominance conditions . The committees emphasized the special circumstances of their own reference fields in formulating their conclusions . They were extremely reluctant to generalize upon their specific findings ...
... inquiry into market dominance conditions . The committees emphasized the special circumstances of their own reference fields in formulating their conclusions . They were extremely reluctant to generalize upon their specific findings ...
Page 38
... inquiry cited German cartelization developments in glowing terms . However , with the onset of depression rationalization was proposed to strengthen producers ' efforts at price fixing and market allocations . Its success was evaluated ...
... inquiry cited German cartelization developments in glowing terms . However , with the onset of depression rationalization was proposed to strengthen producers ' efforts at price fixing and market allocations . Its success was evaluated ...
Page 53
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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