ECO 550 _WEEK 9_Assignment 4_ Long-Term Investment Decisions_FINAL
In a perfectly pure competition market where the market forces of supply and consumer demand are the most important and regulating factors, there is no need for government regulation. The consumer choice, price, and barring manipulation are truly what the market will bear. In reality there is human nature and the desire to be first along with the rugged individualism mentality which has become the hallmark of American Capitalism. The aggressive entrepreneurial or venture capitalist drive along with ready available capital produces the desire for most market ventures to be the fore runner. This is not an indictment of free market economy, however the badge of honor it wears. The problem emanates when the fore runner commences to execute unsavory tactics to stifle existing competition and block new entrants into the market controlling supply and fixing the price.
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