This book was first published in 1995. Businessmen have always had
a strong inclination to avoid competition and regulate the market.
Helen Mercer traces the evolution of British competition
legislation designed to discourage such practices, from 1900 to
1964. Economic and legal textbooks attribute the dynamic behind the
development of this legislation to an undefined 'public opinion' or
to economists. Helen Mercer disagrees. She contends that
competition policies have been shaped by the strategies of powerful
business interests - at home and in the United States. Trade unions
and organisations of labour have provided a consistent pressure on
governments to legislate on private monopoly, in the face of
sweeping criticisms of free enterprise. This book makes extensive
use of archival sources to give a detailed analysis of
government-industry relations. In the course of this it sheds new
light on Britain's changing industrial structure, and offers
pointers to the likely outcome of business regulation in Britain in
the future.
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