3) Antitrust legislation, particularly in the United States, has been used to attack the creation of...

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3) Antitrust legislation, particularly in the United States, has been used to attack the creation of monopolies and market manipulation by big business. Can the creation of large unions have the same potential impact on the market in terms of labour monopolization and result in a potential misallocation of economic resources? Discuss, while providing local examples to support your reply. А. В. While unions cannot be eliminated, what strategies have been adopted in modern times to reduce the impact of unions in the labour market? 3) Antitrust legislation, particularly in the United States, has been used to attack the creation of monopolies and market manipulation by big business. Can the creation of large unions have the same potential impact on the market in terms of labour monopolization and result in a potential misallocation of economic resources? Discuss, while providing local examples to support your reply. А. В. While unions cannot be eliminated, what strategies have been adopted in modern times to reduce the impact of unions in the labour market?

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aUnions certainly have the potential to monopolize the labor market and result in a misallocation of ... View the full answer