ABSTRACT

This 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.

part |2 pages

PART I THE HISTORICAL APPROACH

chapter 1|22 pages

The Historical Background 1914–48

chapter 2|10 pages

The Common Law Background

part |2 pages

PART II THE MONOPOLIES COMMISSION

part |2 pages

PART III TRADE ASSOCIATION INQUIRIES

part |2 pages

PART IV THE DOMINANT FIRM

part |2 pages

PART V STATISTICAL MEASURES OF ECONOMIC PERFORMANCE

part |2 pages

PART VI GOVERNMENT ACTION: ECONOMIC CONSEQUENCES

part |2 pages

PART VII CONCLUSIONS AND RECOMMENDATIONS