 | Learning Objectives
(See related pages)
In this chapter you will learn:
- The core elements of the major antitrust (antimonopoly) laws in the United States.
- Some of the key issues relating to the interpretation and application of antitrust laws.
- The economic principles and difficulties relating to the setting of prices (rates) charged by so-called natural monopolies.
- The nature of "social regulation," its benefits and costs, and its optimal level.
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