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The federal government broke up certain businesses and trusts because they were setting up monopolies that prevented fair competition that hurt consumers.
For example, Standard Oil was broken up by the federal government because it had too much market share. What standard oil would do is they would buy all the oil companies and gas stations in a town and then raise the prices. Because people couldn't buy gas anywhere else, they would be hurt financially.
Many people think that Wal-Mart should be broken up. Wal-Mart will set up a store in a community. Because Wal-Mart is so big, it has much lower prices than smaller stores. Everybody in the community will go shop at Wal-Mart, and then all the other stores in the area will close. Then, there are no other options for consumers.
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What was the antitrust policy?
trusts were another name for monopolies so antitrust policy was were the government intervene to prevent monopolies from forming
What has the author Dennis Swann written?
Dennis Swann has written: 'Competition and consumer protection' -- subject(s): Antitrust law, Consumer protection, Law and legislation 'The Single European Market and Beyond' 'Competition and industrial policy in the European Community' -- subject(s): Competition, European Coal and Steel Community, European Economic Community, Government policy, Industrial policy 'The Economics of the Common Market' 'Antitrust policy in Europe' -- subject(s): Antitrust law 'Antitrust policy in Europe' -- subject(s): Antitrust law
How does antitrust policy affect the nature of mergers?
Antitrust policy generally precludes the elimination of competition. For this reason, mergers are often with companies in allied but not directly related field.
When was The Antitrust Paradox created?
"The Antitrust Paradox" was created in 1978 by Robert Bork. It has become a significant work in the field of antitrust law and has influenced the way competition policy is approached in the United States.
What has the author William F Shughart written?
William F. Shughart has written: 'Antitrust policy and interest-group politics' -- subject(s): Antitrust law, Economic aspects, Economic aspects of Antitrust law
What has the author Herbert Hovenkamp written?
Herbert Hovenkamp has written: 'Enterprise and American law 1836-1937' 'Federal antitrust policy' -- subject(s): Antitrust law, Economic aspects, Economic aspects of Antitrust law
Which government policy would this cartoonist most likely support?
adopting antitrust laws
What has the author George Cyriax written?
George Cyriax has written: 'Monopoly and competition' -- subject(s): Antitrust law, Competition, Economic policy, Monopolies, Restraint of trade 'Monopoly and competition' -- subject(s): Restraint of trade, Antitrust law
What has the author Philip H Clarke written?
Philip H. Clarke has written: 'Contract law' -- subject(s): Contracts 'Competition law and policy' -- subject(s): Cases, Restraint of trade, Antitrust law 'Competition law and policy' -- subject(s): Antitrust law, Cases, Competition, Unfair, Restraint of trade, Unfair Competition
What was part of the Woodrow Wilson's New Freedom agenda?
The New Freedom is the policy of U.S. President Woodrow Wilson which promoted antitrust modification, tariff revision, and reform in banking and currency matters
What has the author Don E Waldman written?
Don E. Waldman has written: 'Economics of Antitrust' -- subject(s): Antitrust law, Cases, Economic aspects, Economic aspects of Antitrust law, Monopolies 'Industrial organization' -- subject(s): Industrial policy, Industrial organization (Economic theory), Industrial organization 'Microeconomics Plus MyEconLab Student Access Kit (MyEconLab Series)'
When was Antitrust released?
Antitrust was released on 01/12/2001.
