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Antitrust and Regulation

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NBER2007-02-01 更新2025-01-04 收录
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Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests, but specified prices and rules of mandatory dealing.

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2007-02-01
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