Essay Database
Anti-trust Legislation
Date Submitted: 09/10/2006 01:26:30
Category: / Social Sciences / Philosophy
Length: 4 pages (1044 words)
Category: / Social Sciences / Philosophy
Length: 4 pages (1044 words)
In a freely competitive market, each competing business generally will try to attract consumers by cutting its prices and increasing the quality of its product or services. Competition and the profit opportunities it brings also stimulate businesses to find new, innovative and more efficient methods of production. Consumers benefit from competition through lower prices, better products and services.
The first U.S. legislation to curb agreements that restrict trade and reduce economic competition was the
Is this Essay helpful? Join now to read this particular paper
and access over 800,000 just like this GET BETTER GRADES
and access over 800,000 just like this GET BETTER GRADES
has too much power, particularly in a relatively new and very strong industry. It also raises the questions of how big is too big?, does size matter in business?, and should it?
References:
Anderson's Business Law 18th Ed. Twomey, Jennings, Fox
http://www.usdoj.gov/atr/public/div_stats/1638.htm
http://www.ftc.gov/bc/mission.htm
http://www.findlaw.com/01topics/01antitrust/microsoft.html
http://abcnews.go.com/sections/tech/DailyNews/msdoj_index.html
Need a custom written paper? Let our professional writers save your time.
