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 17
... relevant developments in attitudes and conditions that took place during the thirty years prior to the 1948 legislation.2 INTERNATIONAL TRADE - THE MOVEMENT TOWARDS PROTECTIONISM For many years prior to the First World War Britain had ...
... relevant developments in attitudes and conditions that took place during the thirty years prior to the 1948 legislation.2 INTERNATIONAL TRADE - THE MOVEMENT TOWARDS PROTECTIONISM For many years prior to the First World War Britain had ...
Page 35
... relevant details regarding the rate of profit on capital and on turnover , and should report on other matters including the market dominance of the organization and any agreements upon prices or output entered into by the organization ...
... relevant details regarding the rate of profit on capital and on turnover , and should report on other matters including the market dominance of the organization and any agreements upon prices or output entered into by the organization ...
Page 58
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Page 63
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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