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- 11 - ment of Commerce ond the Centrol Bonk of lcelond hove provided me with projects compotibrle with my ocodemic work. Finolly, for good odvice on grommoticol points I om groteful to my son-in-Low Dr. George Douglos, geoì.ogist. While qcknorvledging oIl help which I hove received, I occept responsibility for qny shortcomings in the Thesis. tulogni Gudrnundsson
ACK NCI/J LEDGEh'1ËNTS CONTÊ NTS AB STRACT CHI\PTER 1. INTÊODUCT]ON C I-{A PTER CHAPTER CI]APTER - 111- - CONTE NTS. PARr I. ANALYSTS AND rr,ll-ERPREr4llelj OF THÉ LIGI SLATION. 2. THÊ Î.{ONOPOLIËs AND RESTRICTIVE PRACTICES CONTROL ACT 195 5 3. THE PRICES ,xND PROFITS ACT 1974 4. ADMlNISTRATTVE AI.]D COURT DECISÍ OI'IS PART TI. trVALUATION OF Tïf !Eç!;LAT LON. PAGË S CHAPTER 5. THË CONTROL PRINCIPLI 94 CF1APTER 6, THE PUBLICITY PRII'ICIPLE 116 CHAPTIR 7. THE PR T CE-REGU LATI NG APPROACH I37 CHAPTER 8. OTHËR FEATURES OF THE LEG]SI'ATION I44 CHAPTER 9. EFFECTS OF TH; LEGTSLAT]ON CHI\PTER 10. CONCLUSIONS TAB LCS ANL CI-IARTS REFERENCES TEXT OF TH5 L"IGISLATIOTJ iii i iv I 24 57 7A T57 175 r86 2O7 2L5
Page 1 and 2: UNIVERSITY OF MANI,TOBA THE DANISH
Page 3: ACKNOWLE DGEME NTS . This Thesis ho
Page 7 and 8: the Dones, is introduced' Tfie fino
Page 9 and 10: CHAPTER T. INTRODUCTION. This Thesi
Page 11 and 12: lve clossify the legislotion omong
Page 13 and 14: -5- lqorket performonce is o multio
Page 15 and 16: -7 - perceived by the buyers - in t
Page 17 and 18: -9- suþject to o limited income, e
Page 19 and 20: - Ìr - Structurol criterio include
Page 21 and 22: -13- orthodox profit-moximizing MC
Page 23 and 24: -15- Monopolistic woste. - þionopo
Page 25 and 26: -L7- through more ropiq technologic
Page 27 and 28: -19- reseqrch qnd d€v6lopment ore
Page 29 and 30: -2L- ment nor the evidence is concl
Page 31 and 32: PAúìT ONE AMLYSIS AND INTERPRETAT
Page 33 and 34: -25 phormÕciês qnd cínimos, ondr
Page 35 and 36: -27 - Prosecutor or the Minister of
Page 37 and 38: devices. _¿y_ Thus the Dones speok
Page 39 and 40: - 31 - orê bosed on the qssumption
Page 41 and 42: "Thê r€oson lvhy the term 'unr
Page 43 and 44: - lq - 3¡b1ic control. - This phro
Page 45 and 46: -37- which olone permits interventi
Page 47 and 48: _39_ Tribunol in the cose of the IA
Page 49 and 50: -4t- Price, production, di.stribut
Page 51 and 52: _43_ through its decisions. ond mok
Page 53 and 54: -45- An ogreement, on the ôther ho
Page 55 and 56:
_47_ õgreemênt. price moterioLs,
Page 57 and 58:
_49_ low costs, such os choins, sel
Page 59 and 60:
- 5X - token ploce. Otherwise, the
Page 61 and 62:
-53- fixed by on ogreement, the ord
Page 63 and 64:
- 55 - loss-leoders. (fi) If supply
Page 65 and 66:
Supervision Acts. the outside these
Page 67 and 68:
_59_ .unchonged over to the new one
Page 69 and 70:
-61 - octivity wilI hove the effect
Page 71 and 72:
-63- profit stoppoge \^rhên prices
Page 73 and 74:
-65- months (sub-sec. S). ¡n both
Page 75 and 76:
-69- country fix or suggest prices
Page 77 and 78:
- 7L - mojority of the .no.". is ow
Page 79 and 80:
-73- cotion wos therefore deemed un
Page 81 and 82:
-75- to boycott those fqctories whi
Page 83 and 84:
-77 - o different view. Competition
Page 85 and 86:
_79_ net profit. As to the goin by
Page 87 and 88:
- 8l - of the cooperotive's price p
Page 89 and 90:
-83- the commodity ot o price below
Page 91 and 92:
-85- sholl not suspend the operotio
Page 93 and 94:
-a7 - expulsion of members who did
Page 95 and 96:
_89_ 6qlt urorks ond imports from n
Page 97 and 98:
-9L- terminoted by giving o month's
Page 99 and 100:
PART ïlrlo EVALUATION OF THE LEGIS
Page 101 and 102:
-95- decision mode by orgonizotions
Page 103 and 104:
-97 - The costs of enforcing q nuLe
Page 105 and 106:
-99- person. or pêrsons concerned
Page 107 and 108:
professor w. E. von ÊyÞen: - 101-
Page 109 and 110:
-r03- Thus we hove in the MCA c spe
Page 111 and 112:
for fLJrther ciiscussion loter on.)
Page 113 and 114:
-ro7- l. Solories of civil servonts
Page 115 and 116:
ì -IO9- As o porportion of Generol
Page 117 and 118:
- ttt - Iiminory hrork when the leg
Page 119 and 120:
- 113 - stituted such on oreo. The
Page 121 and 122:
- 115 - A primory considerotion is
Page 123 and 124:
_ 117 _ Scondinovion ontitrust. In
Page 125 and 126:
- rI9 - but olso monif€st itself
Page 127 and 128:
-LzL- frequently eiÌìployed is th
Page 129 and 130:
-L23- For other coses recorded the
Page 131 and 132:
-125- Investiootions gnd reseorch.
Page 133 and 134:
-L27- onnuol occounts three yeors b
Page 135 and 136:
-L29- requirements of the public in
Page 137 and 138:
- I31 - The point come up in connec
Page 139 and 140:
-133- quthoriti€s were of the opi
Page 141 and 142:
-t35- be subsidized by the governme
Page 143 and 144:
-L37- CHAPTER 7. THE PRICE.REGUL.AT
Page 145 and 146:
-139- in imperfect morkets, which o
Page 147 and 148:
- 14t - economic eve.nts, including
Page 149 and 150:
-I43- period hos been chorocterized
Page 151 and 152:
-145- fore, need not be mêntioned
Page 153 and 154:
Se rvices. -L47- The MRPC Act 1955
Page 155 and 156:
-t49- r¡/ith. The key question is
Page 157 and 158:
- t51 - desiroble. At the some time
Page 159 and 160:
-153- monopol.y. Indeed, without go
Page 161 and 162:
common to o]Ì businessn¡en. " (Re
Page 163 and 164:
-r57- CHAPTER 9. EFFECTS OF THE LË
Page 165 and 166:
-t59- ond so on, thêre ore now chq
Page 167 and 168:
- 1ó1 - new kinds of busi.ness men
Page 169 and 170:
-163- 'o reosonoble net profit', ol
Page 171 and 172:
-rós- in the rote of unemployment
Page 173 and 174:
-t67- toted rotionolizotion projec.
Page 175 and 176:
-L69- obtoined for o number of regi
Page 177 and 178:
- 171 - Decenniol Stotistics mentio
Page 179 and 180:
-r7s- it would be hopeless to give
Page 181 and 182:
- t75 - CHAPTER TO. CONCLUSIONS. Th
Page 183 and 184:
-L77- other more or léss, thon in
Page 185 and 186:
-r79- thon ossessment in èoch indi
Page 187 and 188:
- 181 - fully cope \^rith olt ospec
Page 189 and 190:
prices ond profits, os forrnuloted
Page 191 and 192:
-185- A finol question worth osking
Page 193 and 194:
Office I ta7 - Iqble II. The Monopo
Page 195 and 196:
-189- Tobte IV. Expenditures under
Page 197 and 198:
-r91 - Chort L. Expenditure under t
Page 199 and 200:
1965 . 19ó6 . L967 . 1968 . L969 .
Page 201 and 202:
-r95- TobIe X. Inquiries mode by th
Page 203 and 204:
-r97- Toble XII. Reoistered individ
Page 205 and 206:
1950 .... - tÕo - Toble XIV. Si2e
Page 207 and 208:
(r) 1949 1958 r960 1965 L966 -20r-
Page 209 and 210:
1947 -49 r950-54 19s5-59 1960-64 19
Page 211 and 212:
-205- Toble XIX. After-Tqx Reolized
Page 213 and 214:
-207- REFERENCES l. Boin, Joe S. ¡
Page 215 and 216:
3r. 32. 34. 35, 36. 37. 38. 39. 40,
Page 217 and 218:
- ¿rl - The fo1lo\"rin9 sources þ
Page 219 and 220:
- 213 - PoIicy, " Americon Economic
Page 221 and 222:
-215- TIXT OF THE þ1ONOPOLIES LEGI
Page 223 and 224:
Day ôeclde that the control prescr
Page 225 and 226:
(2) T¡e Mlnlster of Corûnerce c.s
Page 227 and 228:
Part g Ceneral PTovlalons 15.-(1) l
Page 229 and 230:
(9) f¡r" complainant ûey, withln
Page 231 and 232:
]I March L954, and other regulatlon
Page 233 and 234:
Tr¡nstrt¡on by Monopolt¡lstnet,
Page 235 and 236:
0. (l) Where the lr{onopolics Contr
Page 237 and 238:
(2) ,{nybody who under this Act fur
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