Title: Competitive and Monopoly Price: A Criticism of Current Theory With Special Reference to Its Bearing Upon the Trust Problem (Classic Reprint)
Publisher: Forgotten Books
Publication Date: 2019
Language: English
ISBN 10: 0656509996
ISBN 13: 9780656509997
Binding: HRD
Condition: New
Weight: 268 grams

About this title

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.

"About this title" may belong to another edition of this title.

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