This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: services, telecommunications, trucking 2. Increases in Economic Regulation: Sarbines-Oxley, Dodd-Frank Financial Reform legilsation The Rationale for Government Regulation of Business: The Causes of Market Failures 1 . Natural monopolies 1.Restraint of trade: price fixing and monopolies 3. Negative externalities 1.The tragedy of the commons: collective goods 2.Information Asymmetries 3.Fairness and equity...
View Full Document
- Spring '08
- Economics, Market failure, restraint of trade, government regulation, Government Regulation A.