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The Background

  • A. E. Walsh
  • John Paxton

Abstract

Most States, throughout history, have made some attempt to control monopolies. Although in the twentieth century the criterion for control has been ‘the public interest’, this has not always been so. Indeed even in the twentieth century there have been extreme difficulties in defining the term ‘public interest’. In Britain legislation against monopolies goes back to the reign of Elizabeth I. This legislation was under the Common Law and it was not until the passing of the Monopolies and Restrictive Practices (Inquiry and Control) Act of 1948 that specific and far-reaching laws were passed.

Keywords

Public Interest Fair Trading Competition Policy European Economic Community Established Firm 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© A. E. Walsh and John Paxton 1975

Authors and Affiliations

  • A. E. Walsh
  • John Paxton

There are no affiliations available

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