This paper discusses anti-trust legislation and its effect from a micro-economic perspective: Laws' effects on markets, sellers, consumers, history, purposes, and court decisions.
Written in 1990; 1,800 words; 7 sources; $ 63.95
From the Paper:
"In 1890, Congress passed the Sherman Act which instituted anti-trust policies and made possible trade restraints. The act was far-reaching and has been used in the intervening century to protect competition within the private sector. The rationale behind the legislation was that large companies operated in a manner which posed barriers to new companies trying to enter the market, thus limiting their opportunity. Congress was also concerned that companies which controlled a given industry could indulge in employment practices, such as child labor, which were not in the public's best interests. There was also the feeling that such companies would be able to exact higher than acceptable prices for their commodities. This research focuses on the prevailing attitudes among proponents and opponents of anti-trust legislation, and examines the effect such legislation has had on ... "
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