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The Antitrust Laws A Basis For Economic Freedom
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Download or read book Antitrust Laws written by United States and published by . This book was released on 1950 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Antitrust Laws; a Basis for Economic Freedom, January 1, 1965 by : United States. Congress. House. Judiciary
Download or read book Antitrust Laws; a Basis for Economic Freedom, January 1, 1965 written by United States. Congress. House. Judiciary and published by . This book was released on 1965 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Antitrust Laws by : United States
Download or read book The Antitrust Laws written by United States and published by . This book was released on 1959 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Antitrust Laws by : United States
Download or read book The Antitrust Laws written by United States and published by . This book was released on 1959 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Abolition of Antitrust by : Nathan Edmonson
Download or read book The Abolition of Antitrust written by Nathan Edmonson and published by Taylor & Francis. This book was released on 2023-04-28 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Abolition of Antitrust asserts that antitrust laws--on economic, legal, and moral grounds--are bad, and provides convincing evidence supporting arguments for their total abolition. Every year, new antitrust prosecutions arise in the U.S. courts, as in the cases against 3M and Visa/MasterCard, as well as a number of ongoing antitrust cases, such as those involving Microsoft and college football's use of the Bowl Championship Series (BCS). Gary Hull and the contributing authors show that these cases--as well as the Sherman Anti-Trust Act itself--are based on an erroneous interpretation of the history of American business, premised on bad economics. They equivocate between economic and political power--the power to produce versus the power to use physical force. For Hull, anti-trust prosecutions are based on a horrible moral inversion: that it is acceptable to sacrifice America's best producers. The contributors explain how key antitrust ideas, for instance, "monopoly," "restraint of trade," and "anticompetitive behavior," have been used to justify prosecution, and then make clear why those ideas are false. They sketch the historical, legal, economic, and moral reasoning that gave rise to the passage and growth of antitrust legislation. All of the theoretical points in this volume are woven around a number of fascinating cases, both historical and current--including the Charles River Bridge, Alcoa, General Electric, and Kellogg/General Mills. This is a dynamic and accessible work that is not simply a polemical argument for a particular policy position. Designed for the uninformed but educated layman, The Abolition of Antitrust also makes positive arguments in defense of wealth creation, business, and profit, explains the proper role of government, and offers a rational view of the meaning of contract and economic freedom.
Book Synopsis Economics in Antitrust Policy by : Mark Steiner
Download or read book Economics in Antitrust Policy written by Mark Steiner and published by Universal-Publishers. This book was released on 2007 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the field of antitrust, the freedoms to contract and compete can and do contradict. Profit-maximizing companies desire perfectly competitive input markets to minimize their costs, but want monopolistic markets for their outputs to maximize their profits. Consequently, they have strong incentives to undermine competition in their output markets. In a world without antitrust laws, many companies would thus eliminate competition by using their freedom to contract, either by entering into legally enforceable agreements which fix prices or divide up markets, or by merging and acquiring rivals to gain market control. Therefore, guaranteeing and safeguarding companies' abilities to compete comes at the cost of restricting their freedoms to contract. The states role in this task is a delicate one though: government intervention itself necessarily limits the economic freedom of individuals and firms, and limiting the freedom of contract has potentially detrimental effects on economic activity as well. Hence, antitrust policy must find the right balance between the two freedoms of competition and contract, allowing competition to flourish while upholding the contractual freedoms necessary for a functioning market. The policies in the U.S. and Europe used to protect competition with per se rules, setting clear boundaries for the freedom to contract where it interfered with the freedom to compete. Over the past decades, improvements in economic analysis provided measurable dimensions for 'competition' through measures like efficiency and welfare. With these new and complex economic tools, the aim of an antitrust policy moved away from an 'indirect' mechanism which provided and enforced a strict framework of negative per se rules within which the competitive process was allowed to happen. The current policies directly aim at promoting welfare by attempting to 'balance' the welfare effects of individual business practices, permitting contracts or mergers with benign effects and prohibiting contracts with detrimental effects on welfare in potentially every case. These economic insights have promoted a better understanding of the competitive process and contributed to improved antitrust rules. However, in the actual enforcement of antitrust laws, recent developments caused by the influence of economic analysis have had a detrimental impact on antitrust policy in both the U.S. and the EU. First, it increased the discretion of competition authorities, lowering legal certainty for companies and increasing the potential for wrong decisions. Second, it gave companies incentives to waste resources on rent seeking activities by using economic analyses to demonstrate efficiencies in complicated and timely investigations and litigation. And third, the predominant use of economic analysis has massively increased the costs of enforcement. This thesis is the first one to depict these negative effects caused by recent developments and shows that a policy with clear limitations through proposed per se rules would be superior for it would eliminate the illustrated negative effects.
Book Synopsis Free Enterprise and Economic Organization by : Louis B. Schwartz
Download or read book Free Enterprise and Economic Organization written by Louis B. Schwartz and published by . This book was released on 1983 with total page 1256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Antitrust Paradox by : Robert Bork
Download or read book The Antitrust Paradox written by Robert Bork and published by . This book was released on 2021-02-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Book Synopsis The Right to Earn a Living by : Timothy Sandefur
Download or read book The Right to Earn a Living written by Timothy Sandefur and published by Cato Institute. This book was released on 2010-10-01 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: America’s founders thought the right to earn a living was so basic and obvious that it didn’t need to be mentioned in the Bill of Rights. The Right to Earn a Living charts the history of this fundamental human right, from the constitutional system that was designed to protect it by limiting government’s powers, to the Civil War Amendments that expanded protection to all Americans, regardless of race.
Book Synopsis The Ethical Basis of Economic Freedom by : Ivan Hill
Download or read book The Ethical Basis of Economic Freedom written by Ivan Hill and published by . This book was released on 1976 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Antitrust Enforcement Guidelines for International Operations by : United States. Department of Justice
Download or read book Antitrust Enforcement Guidelines for International Operations written by United States. Department of Justice and published by . This book was released on 1995 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Chamber of Commerce of the United States of America. Committee on Economic Policy Publisher : ISBN 13 : Total Pages :56 pages Book Rating :4.3/5 (91 download)
Book Synopsis The Goals of Economic Policy by : Chamber of Commerce of the United States of America. Committee on Economic Policy
Download or read book The Goals of Economic Policy written by Chamber of Commerce of the United States of America. Committee on Economic Policy and published by . This book was released on 1961 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis 100 Years of Antitrust by : Harold Demsetz
Download or read book 100 Years of Antitrust written by Harold Demsetz and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Antitrust and Monopoly by : Dominick T. Armentano
Download or read book Antitrust and Monopoly written by Dominick T. Armentano and published by Independent Studies in Politic. This book was released on 1996 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stated purpose of antitrust laws is to protect competition and the public interest. But do such laws actually restrict the competitive process, harming consumers and serving the special interests of a few politically-connected competitors? Is antitrust law a necessary defense against the predatory business practices of wealthy, entrenched corporations that dominate a market? Or does antitrust law actually work to restrain and restrict the competitive process, injuring the public it is supposed to protect? This breakthrough study examines the classic cases in antitrust law and demonstrates a surprising gap between the stated aims of antitrust law and what it actually accomplishes in the real world. Instead of protecting competition, this book asserts, antitrust law actually protects certain politically-favoured competitors. This is an essential work for anyone wishing to understand the limitations and problems of contemporary antitrust actions.
Book Synopsis Economic Freedom and the American Dream by : J. Shaanan
Download or read book Economic Freedom and the American Dream written by J. Shaanan and published by Springer. This book was released on 2010-01-04 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shaanan challenges the conventional view that unrestricted economic freedom enhances our economic and political well being. He demonstrates that unrestricted economic freedom provides benefits but also inflicts a heavy toll on democracy, free markets and, paradoxically, economic freedom itself.
Book Synopsis Business and Commerce Code by : Texas
Download or read book Business and Commerce Code written by Texas and published by . This book was released on 2009 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Choose Economic Freedom by : George P. Shultz
Download or read book Choose Economic Freedom written by George P. Shultz and published by Hoover Press. This book was released on 2020-03-01 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the keys to good economic policy? George P. Shultz and John B. Taylor draw from their several decades of experience at the forefront of national economic policy making to show how market fundamentals beat politically popular government interventions—be they from Democrats or Republicans—as a recipe for success. Choose Economic Freedom reconstructs debates from the 1960s and 1970s about the use of wage and price controls as tools of policy, showing how brilliant economists can hold diametrically opposed views about the wisdom of using government intervention to spur the economy. Speeches and documents from the era include a recently unearthed memo from Arthur Burns, Federal Reserve chair, in 1971, in which he argues in favor of controls. Under Burns's guidance and in the face of stubborn inflation, Nixon introduced wage and price guidelines and freezes. But over the long run, these became a drag on the economy and ultimately failed. It wasn't until the Reagan administration that these controls were reversed, resulting in a vibrant economy. The words of iconic economist Milton Friedman—whose "free to choose" ethos inspired the free-market revolution of the Reagan era—along with lessons Shultz and Taylor learned from the front lines, demonstrate that tried-and-true economic policy works.