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Competitive and Monopoly Price: A Criticism of Current Theory With Special Reference to Its Bearing Upon the Trust Problem (Classic Reprint) - Softcover
Synopsis
The book challenges how we think about price in markets and trust policy, offering a clear, historical critique.
It argues that the standard idea of fair prices comes from a belief in free competition, but it shows that real-world pricing depends on a balance between competition and unity of action. The author questions long‑standing trust policy and explains how the “natural laws of competition” might not exist as commonly believed.
Placing price theory under review, the work traces how competition, monopoly, and regulatory ideas shape profits and consumer welfare. It blends legal context with economic argument to test whether current remedies truly protect the public and allow fair prices.
- Definitions of competitive and monopoly price and how each is supposed to work
- How competition can both restrain and enable fair pricing in different industries
- Critique of the idea that “natural laws of competition” exist or can be relied on alone
- Discussion of trust policy and what a fair, practical approach might look like for business and consumers
Ideal for readers interested in economic theory, public policy, and the trust debate of the early 20th century.
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Competitive and Monopoly Price (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book presents a groundbreaking critique of the prevailing trust policy in the US, arguing that it's based on a flawed understanding of how prices are determined. The author demonstrates that price is not solely determined by competition, but also by the level of cooperation among businesses, which is necessary to ensure fair profits for producers and fair prices for consumers. The book challenges the current policy's overemphasis on competition and suppression of cooperation, arguing that this approach has failed to achieve its intended goals and, in fact, exacerbated the problem it sought to solve. Instead, the author proposes a framework that balances competition and cooperation, ensuring fairness for both producers and consumers within a rapidly evolving industrial landscape. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330129425_0
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Competitive and Monopoly Price A Criticism of Current Theory With Special Reference to Its Bearing Upon the Trust Problem Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330129425
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Competitive and Monopoly Price A Criticism of Current Theory With Special Reference to Its Bearing Upon the Trust Problem Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330129425
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