Monopoly Problems in Regulated Industries
Author : United States. Congress. House. Committee on the Judiciary
Publisher :
Page : 1108 pages
File Size : 32,7 MB
Release : 1960
Category : Public utilities
ISBN :
Author : United States. Congress. House. Committee on the Judiciary
Publisher :
Page : 1108 pages
File Size : 32,7 MB
Release : 1960
Category : Public utilities
ISBN :
Author : Sanford V. Berg
Publisher : Cambridge University Press
Page : 580 pages
File Size : 44,40 MB
Release : 1989-01-27
Category : Business & Economics
ISBN : 9780521338936
Considered the cutting edge of microeconomic theory in the 1970s, natural monopoly research remains an active and fertile field. Policy makers and regulators have begun to implement entry and pricing policies that are based on theoretical and empirical analyses. This book develops a comprehensive framework for analyzing natural monopoly. The authors first present a historical overview of regulatory economics, followed by analyses of optimal pricing and investment for single- and multiproduct natural monopolies. Topics covered include cost and demand structures, efficiency impacts of linear and multipart pricing, peak-load pricing, capacity determination, and the sustainability of natural monopolies. After a survey and analysis of natural monopoly regulation in practice, the links between technological change and regulation are identified. The book concludes with a discussion of the alternatives to traditional regulation, including public ownership, franchise schemes, quality regulation, and new incentive systems. Throughout the book, issues from the telecommunications and energy industries are used to illustrate key points. Its integrated framework will make it useful to academic economists, regulatory analysts, business researchers, and advanced students of public utility economics.
Author : United States. Congress. House. Committee on the Judiciary. Subcommittee No. 5
Publisher :
Page : 838 pages
File Size : 27,92 MB
Release : 1960
Category : Antitrust law
ISBN :
Committee Serial No. 14. pt. 1/v.1: Examines the ocean freight industry antitrust law exemptions on an individual case basis to determine levels of domestic noncompetitive shipping activities caused by the dual rate system used for conference and nonconference carriers. Includes submitted correspondence and statistics on shipping companies' operations (p. 186-1014). Hearing was held in NYC; pt. 1/v.2: Continuation of hearings on antitrust law exemptions in the ocean freight industry. Includes submitted correspondence and statistics on shipping companies' operation; pt. 1/v.4: Continuation of hearings examining monopoly within federally regulated industries. Focuses on the ocean freight industry and the need for additional regulation of federally chartered steamship conference rates and independent shippers rates. Includes numerous statistical insertions on shipping company operations; pt. 1/v.5: Continuation of hearings on purported shipping industry monopolistic practices; pt. 2/v.1: Continuation of hearings on antitrust problems in the ocean freight industry; pt. 2/v.2: Continuation of hearings on monopoly problems in the ocean freight shipping industry; pt. 3/v.1: Committee Serial No. 10. Continuation of investigation into allegations of antitrust violations by the ocean freight industry through use of secret gentlemen's agreements, discriminatory anticompetitive practices, and violations of conference agreements; pt. 3/v.2: Continuation of investigation into ocean freight shipping industry anticompetitive practices.
Author : United States. Congress. House. Committee on the Judiciary
Publisher :
Page : 1072 pages
File Size : 28,60 MB
Release : 1960
Category : Public utilities
ISBN :
Author : United States. Congress. House. Committee on the Judiciary. Subcommittee No. 5
Publisher :
Page : 1890 pages
File Size : 49,93 MB
Release : 1960
Category : Antitrust law
ISBN :
Committee Serial No. 14. pt. 1/v.1: Examines the ocean freight industry antitrust law exemptions on an individual case basis to determine levels of domestic noncompetitive shipping activities caused by the dual rate system used for conference and nonconference carriers. Includes submitted correspondence and statistics on shipping companies' operations (p. 186-1014). Hearing was held in NYC; pt. 1/v.2: Continuation of hearings on antitrust law exemptions in the ocean freight industry. Includes submitted correspondence and statistics on shipping companies' operation; pt. 1/v.4: Continuation of hearings examining monopoly within federally regulated industries. Focuses on the ocean freight industry and the need for additional regulation of federally chartered steamship conference rates and independent shippers rates. Includes numerous statistical insertions on shipping company operations; pt. 1/v.5: Continuation of hearings on purported shipping industry monopolistic practices; pt. 2/v.1: Continuation of hearings on antitrust problems in the ocean freight industry; pt. 2/v.2: Continuation of hearings on monopoly problems in the ocean freight shipping industry; pt. 3/v.1: Committee Serial No. 10. Continuation of investigation into allegations of antitrust violations by the ocean freight industry through use of secret gentlemen's agreements, discriminatory anticompetitive practices, and violations of conference agreements; pt. 3/v.2: Continuation of investigation into ocean freight shipping industry anticompetitive practices.
Author : Robert Bork
Publisher :
Page : 536 pages
File Size : 22,6 MB
Release : 2021-02-22
Category :
ISBN : 9781736089712
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Author : George J. Stigler
Publisher : University of Chicago Press
Page : 182 pages
File Size : 11,24 MB
Release : 2003-03-15
Category : Biography & Autobiography
ISBN : 9780226774404
In this witty and modest intellectual autobiography, George J. Stigler gives us a fascinating glimpse into the little-known world of economics and the people who study it. One of the most distinguished economists of the twentieth century, Stigler was awarded the Nobel Prize in 1982 for his work on public regulation. He also helped found the Chicago School of economics, and many of his fellow Chicago luminaries appear in these pages, including Fredrich Hayek, Milton Friedman, Ronald Coase, and Gary Becker. Stigler's appreciation for such colleagues and his sense of excitement about economic ideas past and present make his Memoirs both highly entertaining and highly educational.
Author : Richard B. McKenzie
Publisher : University of Michigan Press
Page : 554 pages
File Size : 40,67 MB
Release : 2019-02-28
Category : Business & Economics
ISBN : 0472901141
In Defense of Monopoly offers an unconventional but empirically grounded argument in favor of market monopolies. Authors McKenzie and Lee claim that conventional, static models exaggerate the harm done by real-world monopolies, and they show why some degree of monopoly presence is necessary to maximize the improvement of human welfare over time. Inspired by Joseph Schumpeter's suggestion that market imperfections can drive an economy's long-term progress, In Defense of Monopoly defies conventional assumptions to show readers why an economic system's failure to efficiently allocate its resources is actually a necessary precondition for maximizing the system's long-term performance: the perfectly fluid, competitive economy idealized by most economists is decidedly inferior to one characterized by market entry and exit restrictions or costs. An economy is not a board game in which players compete for a limited number of properties, nor is it much like the kind of blackboard games that economists use to develop their monopoly models. As McKenzie and Lee demonstrate, the creation of goods and services in the real world requires not only competition but the prospect of gains beyond a normal competitive rate of return.
Author : David Dayen
Publisher : The New Press
Page : 441 pages
File Size : 13,93 MB
Release : 2020-06-09
Category : Business & Economics
ISBN : 1620975424
From the airlines we fly to the food we eat, how a tiny group of corporations have come to dominate every aspect of our lives—by one of our most intrepid and accomplished journalists "If you're looking for a book . . . that will get your heart pumping and your blood boiling and that will remind you why we're in these fights—add this one to your list." —Senator Elizabeth Warren on David Dayen's Chain of Title Over the last forty years our choices have narrowed, our opportunities have shrunk, and our lives have become governed by a handful of very large and very powerful corporations. Today, practically everything we buy, everywhere we shop, and every service we secure comes from a heavily concentrated market. This is a world where four major banks control most of our money, four airlines shuttle most of us around the country, and four major cell phone providers connect most of our communications. If you are sick you can go to one of three main pharmacies to fill your prescription, and if you end up in a hospital almost every accessory to heal you comes from one of a handful of large medical suppliers. Dayen, the editor of the American Prospect and author of the acclaimed Chain of Title, provides a riveting account of what it means to live in this new age of monopoly and how we might resist this corporate hegemony. Through vignettes and vivid case studies Dayen shows how these monopolies have transformed us, inverted us, and truly changed our lives, at the same time providing readers with the raw material to make monopoly a consequential issue in American life and revive a long-dormant antitrust movement.
Author : United States. Congress. House. Committee on the Judiciary. Subcommittee No. 5
Publisher :
Page : 690 pages
File Size : 37,61 MB
Release : 1957
Category : Antitrust law
ISBN :
Committee Serial No. 22. pt.1/v.1: Includes CAB report "Transcontinental Coach-Type Service Case," Nov. 7, 1951 (p. 421-515). pt.1/v. 2: Includes S. Rpt. 82-540 "Report on Role of Irregular Airlines in U.S. Air Transportation Industry," July 10, 1951 (p. 851-941). pt.2/v.1: Includes FCC Order No. 37, docket No. 5060 "Report on Chain Broadcasting," May, 1941 (p. 3533-3690) and FCC "Sixth Report and Order," Apr. 14, 1925 (p. 3785-3956). pt. 2/v. 2: Includes discussion of television industry impact on songwriter royalties. Hearings were held in NYC. pt. 2/v.3: Includes Columbia Broadcasting System report "Network Practices," June 1956 (p. 5099-5245); and Cravath, Swaine, and Moore report "Opinion of Counsel and Memorandum Concerning the Applicability of the Antitrust Laws to the Television Broadcast Activities of Columbia Broadcasting System, Inc.," June 4, 1956 (p. 5313-5406); and Columbia Broadcasting System report "Analysis of Senator John W. Bricker's Report Entitled "The Network Monopoly, "' June 1956 (p. 5407-5486)