prevent the emergence of more liberal internet regulations. One key stumbling block to improve internet regulation in China is the absence of any enforceable norms against which internet regulations can be measured. Although the Chinese constitution explicitly protects the right to free expression, the right to privacy, the right to engage in academic research and the constitution itself is not
To prevent a cartel harming consumer’s benefit,
lots of Governments adopted the Leniency program
1) Definition
a syndicate or trust of firms,
created to generate unfair profits
2) Bad influence of cartel
1)By increasing prices,
and 2)decreasing outputs
Cartel harms consumer’s benefit
History of the Leniency Program
Since the adoption of the U.S.
of the Leniency Pro
Executive Summary
Cartel, a syndicate or trust of firms which is created to generate unfair profits, harms the consumers by increasing prices and decreasing outputs which eventually lead to inefficiency of the whole market. Leniency program is one which makes cartel broken by using ‘whistle blowers’. We choose the one example of Leniency program case “Imposing penalty to LPG firms in Kor
Recruiting procedure
In Korea University, we would attach posters on the bulletin boards of the old law school building, of the back gate of political economic building, of the liberal arts building and all over the university’s, toilets and students counseling center. When making posters, it is important to inform that our group is not for treatment but for improvement one’s own self-image.
▶ 완전경쟁시장
1. 성립요건
① 공급자와 수요자가 영세한 다수.
- price taker
② 제품이 동질적
③ 재화 및 생산요소의 이동이 완전히 자유
④ 공급자와 수요자가 시장에 관하여 완전한 정보
* ④의 요건을 못갖추고 ①②③만 갖추면 순수경쟁시장
2. 완전경쟁기업에 주어진 수요곡선
⇒ 수량축에