Word: anti-trust
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...students asked the lecturer, assistant professor of Economics, George Eads, why he wasn't talking about more relevant subjects. At the time, Eads was talking about section one of the Sherman Anti-Trust Act and its relation to the Socony Oil case...
...report secondly called on the government to insure maximum price competition through strong anti-trust law enforcement and free trade...
Second-year students were granted four hours of substitution, but their class "chairman" (advisor) must agree that the courses will "further some special objective in their legal education." Acting Dean A. James Casner said yesterday that a second-year student concentrating in anti-trust law, for example, would be allowed to take courses in economics...
...same kind of analysis that federal regulatory agencies use in handling anti-trust and other problems could, says Schelling, "help in identifying the incentives that apply to organized crime and in restructuring laws to minimize the costs, wastes and injustices that crime entails...
...level of national policy, if not of local practice, the dominant approach to organized crime is through indictment and conviction, not regulation, accommodation, or the restructuring of markets. This is in striking contrast to the enforcement of anti-trust or food-and-drug laws, or the regulation of industries affecting the public interest. For some decades, anti-trust problems have received the sustained professional attention of economists concerned with the structure of markets, the organization of business enterprise, and the incentives toward collusion or price-cutting. Racketeering and the provision of illegal goods (like gambling) have been conspicuously neglected...