regulation and deregulation
which of the following is not a method that the government uses to intervene and prevent firms from controlling the price and supply of important goods
deregulating industries
I think the removal of some government controls over a market
deregulation
which of the following weekend's government control in the marketplace
deregulation
what did the government claim Microsoft did to illegally extend its control over the market
how do you use predatory pricing to drive competitors out of the business
many critics argue that government is to regulate industries have caused which of the following
inefficiencies
how did deregulation change the air travel industry
it led to some murders in some firms dropping out of the business the deregulation also led to lower airfares for some consumers depending on the degree of competition at particular airport locations
antitrust laws
laws that encourage competition in the marketplace
trust
like a cartel, an illegal grouping of companies that discourages competition
combination of two or more companies into a single firm
merger
selling a product below cost to drive competition out of the market
predatory pricing
what is the purpose of both deregulation and antitrust laws
promote competition
predatory pricing
selling a product below cost to drive competitors out of the market
when the government deregulates a product or service what happens to it
some government regulations over the industry are eliminated
antitrust laws allow the US government to do all of the following except
stop firms from selling new products
how did Microsoft defend its case concerning the company's required installation of Microsoft internet browsers with all installations of their operating systems
the browser could not be sold separately
Deregulation
the removal of some government controls over a market
how can inventions such as cellular phones affect the government's antitrust policies
they can mean that the need for regulation no longer exist
there are two shoe stores in a small town store a is selling a pair of running shoes for $39.50 if it cost a $40 to order the pair of shoes from the factory then what is store a doing
this store is practicing predatory pricing
what was the chief effect of the Sherman antitrust act
The federal government won the power to prevent monopolies and mergers that interfered with trade between states.
merger
Combination of two or more companies into a single firm
what is the combination of two or more companies into a single firm called
a merger
laws that encourage competition in the marketplace
antitrust laws
what are laws that encourage competition in the marketplace called
antitrust laws
what is one role of the Federal government's department of Justice
to break up monopolies
like a cartel and illegal grouping of companies that discourages competition
trust
under what conditions will the government approve a merger
when the combined company will not be able to exert control over markets or prices