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History
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1904 cartoon warning attendees of the St. Louis World's Fair of hotel room price gouging
1904 cartoon warning attendees of the St. Louis World's Fair of hotel room price gouging
In the early stages of the COVID-19 pandemic, there were shortages of some consumer goods due to supply chain pressures and increased demand as a resu
In the early stages of the COVID-19 pandemic, there were shortages of some consumer goods due to supply chain pressures and increased demand as a result of rationing. Such as "Customer limited to 1 package of toilet paper", such rationing creates additional artificial demand.
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Judge Coke in the 17th century thought that general restraints on trade were unreasonable.
Judge Coke in the 17th century thought that general restraints on trade were unreasonable.
Elizabeth I assured monopolies would not be abused in the early era of globalization.
Elizabeth I assured monopolies would not be abused in the early era of globalization.
Senatorial Round House by Thomas Nast, 1886
Senatorial Round House by Thomas Nast, 1886
John Stuart Mill believed the restraint of trade doctrine was justified to preserve liberty and competition.
John Stuart Mill believed the restraint of trade doctrine was justified to preserve liberty and competition.