Economics (McConnell), AP* Edition, 20th EditionChapter 19:
Antitrust Policy and RegulationAfter studying this chapter, you should be able to: LO 19.1 | List and explain the core elements of the major antitrust (antimonopoly) laws in the United States. | LO 19.2 | Describe some of the key issues relating to the interpretation and application of antitrust laws. | LO 19.3 | Identify and explain the economic principles and difficulties relating to the setting of prices (rates) charged by so-called natural monopolies. | LO 19.4 | Discuss the nature of "social regulation," its benefits and costs, and its optimal level. |
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