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Consumer Welfare Essays

Antitrust Regulations in Sports

Introduction Antitrust regulations are the laws that restrain unfair competitive behaviour in the global market. In the sports industry, these regulations play a significant role in setting an equal playing field by protecting the interests of the athletes, the team, and the fans and ensuring the consistency of the sports market. According to the American ... Read More
Pages: 7       Words: 1845

The Structure and Impact of Monopoly Markets

A monopoly is a market structure where there is only one supplier or provider(Steinbaum, 2022). The second reason to indicate why they have a wide effect on producers or sellers is the fact that this one supplier can completely dominate the whole supply market. In these circumstances, the monopolies are liberal in fixing their prices ... Read More
Pages: 4       Words: 1071
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Characteristics of Cartels and How They Apply to the National Collegiate Athletic Association (NCAA)

Introduction Cartels, where firms cooperate to cheat their markets and manipulate market outcomes, often ruin fair competition. These are some of the market manipulation strategies which cartels apply to lower users’ welfare through the increase of the price and reduction of options. Here one can see cartel-like behavior in the centralized control of the NCAA’s ... Read More
Pages: 5       Words: 1324

Canadian Green Grocery Policy Analysis

Introduction In Canada, there is an emerging new federal policy that tries to cut down the increasing trend of grocery prices. The Federal Government initiated this move as a measure aimed at addressing the affordability issue that is increasingly getting out of hand for most households in the face of an inflationary challenge. The policy ... Read More
Pages: 6       Words: 1585
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