December 2014
Beginner
352 pages
13h 51m
English

Ethics of competition
11th century Legislation in England outlaws monopolies and restrictive practices.
13th century King Wenceslaus II of Bohemia passes a law to prohibit iron-ore traders from working together to increase prices.
1790s After the French Revolution, agreements by members of the same trade to fix prices are declared void, unconstitutional, and “hostile to liberty.”
1890s The Sherman Act in the US makes it illegal for large companies to cooperate with rivals to fix their outputs, prices, or market shares.
2000s The Treaty of Lisbon prohibits anticompetitive agreements, including price-fixing, in the European Union. ...
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