16. Economic Regulation and Antitrust Activity

• Economic Regulation and Antitrust Activity
• Market Power
• Government Regulation of Business
• Regulating Natural Monopolies
• Special Interests
• Interstate Commerce Commission (ICC) and Ground Transportation
• The Civil Aeronautics Board (CAB) and Airline Deregulation
• Antitrust Laws
• Sherman Antitrust Act of 1890
• Predatory Pricing
• Consent Decree
• Clayton Act of 1914
• Concentration Ratio and the Herfindahl Index
• Problems with Antitrust Legislation