19 download_doc-13.php

19 download_doc-13.php - G202 TheRoleofGovernment...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
G202 (3/4/2009) The Role of Government Promote Competition:     The U.S. has enacted antitrust policies that make it illegal to attempt  to monopolize a market. Sherman Act (1890):  Makes monopolizing a market, cartels, and other  collusive arrangements illegal. Clayton Act (1914):  Makes price discrimination illegal, and also targets  effect on industry competition.  The Role of Government Promote Competition:     The Department of Justice uses industry sales concentrations as an  indication of the level of competition. The 4-Firm Concentration Ratio (C4): The fraction of industry sales that goes to the four largest  firms in the industry. A C4 closer to one signals an un-competitive industry 
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/18/2011 for the course BUS 202 taught by Professor Kreft during the Winter '09 term at Indiana.

Page1 / 2

19 download_doc-13.php - G202 TheRoleofGovernment...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online