Monday, December 5, 2011

Study tips - Final.

ANTIMONOPOLY REGULATIONS (pg 319-320)


 Second paragraph –
Congress enacted the Packers and Stockyards act to prevent monopolies in the livestock industries because it was causing negative competition between companies and "competitive harm" towards farmers.


- 1921 Packers and Stockyards Act (PSA) ; "undue & unreasonable preferences" used to prove how negative companies use competition against one another.


See Danny B's blog for more info on the first paragraph.

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