Government regulation generally does not lead to better outcomes, but there are instances where imperfect governmental regulation is preferable to market decisionmaking.
This is why I deliberately chose not to write my anti-PT regulation article from a libertarian perspective I think government employees often get an unjustified bad rap, but "good enough for government work" is a famous quip for a reason.
The way I put it in my article is, the default rule should be against regulation, and regulation should only be imposed if 1 there is an actual problem, 2 governmental regulation is capable of Antitrust practices essay the problem, and 3 the cost of governmental regulation is significantly outweighed by the mitigation that would occur as a result of governmental regulation the "significantly" outweighed is an important qualifier There is very little incentive for a factory to stop belching shit into the air or rather, incur the costs required to avoid belching shit into the air if every other factory is doing the same thing.
Which would be completely expected--even if you posit that mass boycotts would ensue if a company was an excessive polluter which history indicates is an erroneous assumptionthe consumers can only boycott if they know of the problem in the first place All that being said, I do think that market-like pollution regulation along the lines of cap and trade would be a far more effective solution to environmental concerns than the current one-size-fits-all standards, in part because it creates market incentives for companies to reduce their pollution even below the permissible EPA levels Second, cartels and monopolistic practices.
To have a functioning competitive economy, some kind of antitrust regulation is absolutely necessary to prevent price collusion, and this necessarily requires the government to set rules of the game.
To be fair, the rules must be carefully drafted and enforced so as to not stymie legitimate competitive behavior So circling back to personal trainer regulation and the free market in the fitness industry. In my judgment, it flunks all three prongs of my proposed framework.
To the contrary, the limited proxy data available such as injury rates for various physical activities suggests that working with personal training is one of the safest activities a person can do.
Second, even if there was a problem, there is no proposed bill I have seen that would actually mitigate the problem because of the nature of gym injuries--I will not bore anyone by rehashing the lengthy explanation in my article of why this is the case. And finally, the cost to the public is simply too damn high in this instance, not only in terms of raising the cost of personal training, but also in unnecessarily limiting the choices that consumers haveSay's Law and Supply Side Economics.
It should be known that at the beginning of a dynasty, taxation yields a large revenue from small assessments.
Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement.
Competition law is known as "antitrust law" in the United States for historical reasons, and as "anti-monopoly law" in China and plombier-nemours.com previous years it has been known as trade practices.
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Say's Law and Supply Side Economics. It should be known that at the beginning of a dynasty, taxation yields a large revenue from small assessments. United States Antitrust law is a collection of federal and state government laws that regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers.
(The concept is called competition law in other English-speaking countries.) The main statutes are the Sherman Act of , the . United States Antitrust law is a collection of federal and state government laws that regulates the conduct and organization of business corporations, generally to promote fair competition for the benefit of consumers.
(The concept is called competition law in other English-speaking countries.) The main statutes are the Sherman Act of , the Clayton Act of and the Federal Trade.