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What illegal economic function causes business firms to combine to prevent competition?
A cartel or monopoly causes business firms to combine to prevent competition.
What is free enter price?
An economic system in which private business operates in competition and largely free of state control.
What is the goal of economic competition?
The goal of economic competition is better goods at lower prices for everyone.
Disadvantages of free trade?
increases competition increase unemployment economic restructuring increases competition increase unemployment economic restructuring
What effect do antitrust laws have on the circular- flow model?
Antitrust laws promote competition by preventing monopolies and anti-competitive practices, which can enhance the efficiency of the circular-flow model. By ensuring that multiple producers compete in the market, consumers benefit from lower prices and improved products, leading to increased overall demand. This dynamic encourages resource allocation that aligns with consumer preferences, ultimately contributing to economic growth. Thus, antitrust laws help maintain a balanced and healthy economy within the circular-flow framework.
What has the author Oliver Budzinski written?
Oliver Budzinski has written: 'The governance of global competition' -- subject(s): Antitrust law, Competition, International, Economic aspects, Economic aspects of Antitrust law, International Competition, International economic relations
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
Government acts to preserve competition through?
Government acts to preserve competition through regulations that promote fair business practices, prevent monopolies or cartels, and ensure a level playing field for businesses of all sizes. This can include antitrust laws, competition policies, and monitoring mergers and acquisitions to prevent anti-competitive behavior. By fostering competition, the government aims to protect consumer choice, innovation, and overall economic efficiency.
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 has CNN contributed most to Georgia's economic growth?
CNN has increased business and competition in Georgia.
What illegal economic function causes business firms to combine to prevent competition?
A cartel or monopoly causes business firms to combine to prevent competition.
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
What has the author Paddy McNutt written?
Paddy McNutt has written: 'Political economy of law' -- subject(s): Law and economics 'Law, economics, and antitrust' -- subject(s): Antitrust law, Economic aspects, Economic aspects of Antitrust law, Law and economics
What has the author Ross C Singleton written?
Ross C. Singleton has written: 'Industrial organization and antitrust' -- subject(s): Antitrust law, Economic aspects of Antitrust law, Industrial organization
What has the author Henry Adler Einhorn written?
Henry Adler Einhorn has written: 'Economic aspects of antitrust' -- subject(s): Antitrust law
What is free enter price?
An economic system in which private business operates in competition and largely free of state control.
