regulation and deregulation

Réussis tes devoirs et examens dès maintenant avec Quizwiz!

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


Ensembles d'études connexes

Introduction to Ethics Challenge 3

View Set

BIO 112 - Final Exam Study Guide, Pt. 2

View Set

Web Programming C298 (JavaScript)

View Set

California Adjuster PSI Flash Cards 3

View Set

Ch. 21, 22 + 23 Ethics/Legal/Managing Pt. Care Practice Questions

View Set

Economics chapter 23-25 multiple choice

View Set

Comprehensive Medical Coding Exam 1 Review

View Set

Sports Civ Midterm Quiz Questions

View Set

Geology 1403 Lab Practical Final

View Set