The British Monopolies CommissionThis book is a key example of the emergence of public choice theory by an economist who was to become one of its major exponents. It combines a detailed, critical study of the Monopolies Commission, with an analysis of the economic issues involved in monopoly supervision and control. |
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Contents
15 | |
PART II THE MONOPOLIES COMMISSION | 49 |
PART III TRADE ASSOCIATION INQUIRIES | 107 |
PART IV THE DOMINANT FIRM | 191 |
PART V STATISTICAL MEASURES OF ECONOMIC PERFORMANCE | 261 |
ECONOMIC CONSEQUENCES | 321 |
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Common terms and phrases
action activities argued assets Board of Trade British Match Corporation British Oxygen Company cable calico printing capital employed cent cigarette and tobacco Commission’s Committee common price Company’s competition competitors concerned criticized difficulty dominant firm Dunlop economic Economist efficiency efliciency Electric eliminate examined existing export favour Federation figures finance financial find first Fisons fixed fluctuations Gallaher Government Imperial Chemical Industries Imperial Tobacco Company important industry influenced inquiry investigation investment justified Labour lamp manufacturers market dominance market sharing ment mergers minimum price Monopolies Commission obtain operated organization patent period powers price agreements price discrimination price fixing agreements price system profit public interest purchase rate of return recommended reduced reflect relating relevant Report resale price maintenance Restrictive Practices Court result return on capital scheme Section significant specified suppliers supply tion trade associations tyre undertakings unit production costs United Kingdom valuation