Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
LECTURE ONE: GOVERNMENT  REGULATION OF BUSINESS I.   The Role of Law in a Market Economy II.   Two Kinds of Government Regulation  A.  Social or Protective Regulation: Health, Safety,         Environment, Equity B.   Economic Regulation: the Structure or Terms of Market        Competition  III.   Trends in Government Regulation A.  1960- 1990: the Growth of Social Regulation: response to  public pressures  B.   Mid- 1970s – through present : 1.Economic Deregulation: airlines, financial services,           telecommunications, trucking   2. Increases in Economic Regulation: Sarbines-Oxley,                                         Dodd-Frank  
Background image of page 1

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

View Full DocumentRight Arrow Icon
The Rationale for Government  Regulation of Business: The Causes  of Market Failures   1.   2.  Restraint of trade: price fixing and  monopolies  (protect from abuse) 3.  Externalities  4.  The tragedy of the commons
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 09/28/2011 for the course UGBA 10 taught by Professor Xuanmingsu during the Summer '08 term at University of California, Berkeley.

Page1 / 7


This preview shows document pages 1 - 3. Sign up to view the full document.

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