Abstract
Neo-classical economic theory taught that the state is justified in taking action against trusts or monopolies, because they artificially raise prices and thus cause a loss to consumers.2
We are very grateful to Maxwell Stamp for his helpful suggestions which have added considerably to the clarity of the paper.
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© 1972 Macmillan Publishers Limited
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Crew, M.A., Rowley, C.K. (1972). Anti-Trust Policy: Economics versus Management Science. In: Rowley, C.K. (eds) Readings in Industrial Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-15486-9_8
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DOI: https://doi.org/10.1007/978-1-349-15486-9_8
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-10973-1
Online ISBN: 978-1-349-15486-9
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