Regulation & Deregulation Government can make sure that one company does not dominate the market. How? Through antitrust laws starting with the 1890 Sherman.

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Regulation & Deregulation
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Presentation transcript:

Regulation & Deregulation Government can make sure that one company does not dominate the market. How? Through antitrust laws starting with the 1890 Sherman Antitrust Act Goal = To eliminate businesses from becoming cartels or monopolies

Fight against Rockerfeller

Modern Example: Microsoft

What was the case about? Microsoft wanted to sell its operating system to all computer companies but the deal said all computers had to use Microsofts browser. Lost in Court but appealed and pretty much was able to still sell its operating system but could not force the companies to buy its browser.

Breaking up Monopolies: History

Deregulation When the government steps in and decides what a company can make and charge in the market. Examples: Airlines, Trucking, Railroad, Banking, Television, Cable

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