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People who opposed monopolies argued that monopolies?
Eliminated competition
What Act was replaced with the introduction of Competition Act 2002?
Monopolies And Restrictive Trade Practices, 1969(MRTP Act)
What made monopolies and trust illegal?
Anti-Trust Law and Competition Law. Specifically the Sherman Anti-Trust Act.
Why are industries regulated to prevent monopolies?
If one company were to become a monopoly then consumers would not have a choice as to who to give their money to. Consumer choice and competition are cornerstones of capitalist economies, and to preserve them we must put measures into place that prevent the rise of monopolies.
What is Savas' four strategies of privatization?
Load shedding, alternative delivery systems, imposing user charges for goods and services, minimizing government monopolies and restoring competition
People who opposed monopolies argued that monopolies?
Eliminated competition
Why was roosevelt against monopolies?
Teddy r. felt monopolies were unfair to business competition
Monopolies are judged by how strong the competition is?
true
Does monopolies exist?
Yes, monopolies exist when a company dominates a particular industry and controls a large portion of the market. This can lead to less competition, higher prices for consumers, and less innovation in the industry. Governments often regulate monopolies to promote fair competition.
What did monopolies and trusts reduce during the late 1800s?
Monopolies limited competition in a certain market. Limited competition meant that the company could choose any price they wanted.
What power do illegal monopolies use to drive out competition?
Illegal monopolies are those that can be shown to use their power to suppress competition. A monopolist has the power to dominate markets--the ability to set the price by altering supply.
What has the author D M Raybould written?
D. M. Raybould has written: 'Comparative law of monopolies' -- subject(s): Antitrust law, Monopolies, Restraint of trade 'Law of monopolies' -- subject(s): Antitrust law, Competition, Monopolies
One effect of monopolies on the US economy is that they have tended to?
reduce business competition
What are good things about a market economy?
invisible hand, competition, no monopolies, etc
What Strong corporations that expand to the extent that they greatly reduce competition are called?
monopolies.
What are strong corporations that expand to the extent that they greatly reduce competition called?
monopolies.
How could the monopolies harm the U.S. Economy?
Monopolies would harm the U.S Economy because it would close out the window for competition, and free market.
