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One reason is the general public interest, frequently this is in relationship to a natural monopoly. For example, how many sets of electric lines should be allowed to be strung all over town? If 10 competitors were all allowed to string their own lines, the city would be covered with wires and littered with poles.
The other reason such laws exist and are enforced is that some people want to limit others from competing with them. They have the money and political clout to get these laws passed. They set up "professional standards" that they make new entrants pass. They require long periods of employment in the industry before a person is allowed to set themselves up as competitors. The political rational usually given is "We need to protect the public from unqualified individuals" but the fact is that they want to protect their business from competitive pressures and have the resources to make it so.
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∙ 12y ago
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What are the laws that encourage competition in the marketplace called?
antitrust laws =)
Which is intended to protect competition?
anti-trust laws
What laws are designed to control monopoly power and to preserve and promote competition?
Antitrust or Antitrust Laws
What enforced antitrust laws protecting small businesses restrained power of big corporations?
Federal Trade Commission
What promotes greater efficiency and lower price by protecting competition?
Antitrust laws
Are illegals allowed to go to school in Mexico?
No, they have stringently enforced immigration laws.
What are enforced laws?
Laws that call for punishments or fines are 'enforced' laws.
Combining companies to limit competition and keep prices high?
Known as Monopoly. We have laws that restrict this...
How are laws passed and enforced in Algeria?
Laws are passed and enforced like they are in any part of the world.
Why isn't gun control enforced?
Most laws aren't enforced.
Are to be laws enforced?
A pending law will not be enforced until passed by whoever is in charge of pending laws. As soon as the law is passed, it will be put into effect and enforced. by deepika (m.b.b.s.)
How are laws enforced today?
The laws are enforced according to the votes. The bill(which contains the laws)is passed in the sabha. The council of ministers elect the best bill and the law which is written in the bill is passed. The bill which gets major votes is enforced.
How are the laws enforced in new zealand?
With police.
Who enforced laws that colonist had to obey?
Legislators
Who enforced British laws?
the british police.
Who enforced laws and taxes in Sparta?
Ephors
How can lawlessness reduced?
By obeying the laws enforced by the
