Q&A: Economics- Barriers to entry Regulation question?

Question by Darla: Economics- Barriers to entry Regulation question?
What implementations can the government take through policy and cooperative strategies in order to deter anticompetitive behaviour and strategic barriers to entry?

Hey! I can’t think of any other examples and its hurting my soul- any help would be MUCH appreciated 🙂

Best answer:

Answer by When HARRY Met GINNY
Antitrust is an influential area of the law that seeks to maintain a competitive economy for the benefit of consumers and competitors. The government’s victory in the Microsoft case, billion-dollar fines in price-fixing cases and the recent flood of multi-billion-dollar mergers are all examples of the impact of antitrust law on the daily lives of all.

The Federal Trade Commission’s Bureau of Competition champions the rights of American consumers by promoting and protecting free and vigorous competition. The Bureau:
•reviews mergers and acquisitions, and challenges those that would likely lead to higher prices, fewer choices, or less innovation;
•seeks out and challenges anticompetitive conduct in the marketplace, including monopolization and agreements between competitors;
•promotes competition in industries where consumer impact is high, such as health care, real estate, oil & gas, technology, and consumer goods;
•provides information, and holds conferences and workshops, for consumers, businesses, and policy makers on competition issues and market analysis.

Free and open markets are the foundation of a vibrant economy. Aggressive competition among sellers in an open marketplace gives consumers — both individuals and businesses — the benefits of lower prices, higher quality products and services, more choices, and greater innovation. The FTC’s competition mission is to enforce the rules of the competitive marketplace — the antitrust laws. These laws promote vigorous competition and protect consumers from anticompetitive mergers and business practices. The FTC’s Bureau of Competition, working in tandem with the Bureau of Economics, enforces the antitrust laws for the benefit of consumers.

Both the FTC and the U.S. Department of Justice (DOJ) Antitrust Division enforce the federal antitrust laws. In some respects their authorities overlap, but in practice the two agencies complement each other. Over the years, the agencies have developed expertise in particular industries or markets. For example, the FTC devotes most of its resources to certain segments of the economy, including those where consumer spending is high: health care, pharmaceuticals, professional services, food, energy, and certain high-tech industries like computer technology and Internet services. Before opening an investigation, the agencies consult with one another to avoid duplicating efforts. In this guide, “the agency” means either the FTC or DOJ, whichever is conducting the antitrust investigation.

What do you think? Answer below!

Cheap Electric Companys in Texas With Cheap Deposits?

Question by playmatebri2008: Cheap Electric Companys in Texas With Cheap Deposits?
i need a cheap electric company really its more or less a cheap down payment or deposit thats what im mainly looking for>>i need one with a deposit of less than two hundred dollars i need help asap PLEASE!!
im sorry i meant to tell yall ive already tried relient txu first choice n they all got high deposits i kno its GOTTA b one thts under a two hundred dow n payment

Best answer:

Answer by I am me and no one else
Try Reliant energy… If I remember correctly (as we use them in our house but it’s been a while since we researched electric companies) they were the most reasonable…

Add your own answer in the comments!

What is a good Electric Company in Dallas?

Question by Darius Jones: What is a good Electric Company in Dallas?

Best answer:

Answer by John
There are a multitude of companies to choose from. I was confused when i moved here with it as back home there is only 1!!!

Use www.powertochoose.org and you can compare there…

I have been with Champion Energy Services for 2 years, and haven’t had any problems at all, plus good customer service. They have competitive rates, my bill hasn’t been over 100 bucks yet in this TX heat!

You can also get $ 25 off your first month bill with referral codes which is a plus!!!
If you decide to go with champion you can use this code MCHRISTIAN30333… They also are giving a $ 5 credit for signing up for E-Bill…

Add your own answer in the comments!

With what happened with Enron, was deregulation of the energy industry such a good idea?

Question by : With what happened with Enron, was deregulation of the energy industry such a good idea?
The “market” drove prices up and people had electric bills of over 1000 dollars, and its clear these were inflated energy prices.

Perhaps government should be involved, to protect the consumer.

Best answer:

Answer by ruth
I recall a swift government reaction to Enron.

What do you think? Answer below!

Q&A: Why are longer electricity terms more expensive than short ones?

Question by Stephen: Why are longer electricity terms more expensive than short ones?
A monthly plan costs 11.9kwh variable.
A 12 month plan costs 12.4kwh fixed.
A 24 month plan costs 13.5kwh fixed.

Why is the longer plan more expensive? Shouldn’t it be the other way around? It is like this on all of the plans I’ve been looking at. I’m in DFW TX in the Oncor service area if that helps.

Best answer:

Answer by towanda
go to www.powertochose.org. . .then search until you find the spot that lists all the companies and all the rates with all the particulars. Variable rates usually start low and then go up and go up a lot. This site will guide you if you need help so that you ask the question you should when you apply for electicity. I’m in south Texas and pay 11.3 fixed rate and there is a monthly fee unless I use over a certain amount which I don’t. When I figured out all the other companies with fixed rates, the one for Champion Energy was the lowest. This site favors some companies with easy access but, like I said, search until you get the long list. Then I went to individual sites to make sure the offer was valid. When I had Reliant Energy, which has just been bought out or is about to be, they offered me one rate and then when I called in they refused to give me the offer they mailed me, so watch all of them like a hawk. So to answer your question, the variable rate will go up and be much higher. For the second two the company is betting that the cost of electricity will go up and if you want to sock in a two year term, they want more $ . Some even offer 6 month contracts. Too much hassle for electricity. . .There are also other variable to consider when purchasing electricity and the site will fill you in.

Give your answer to this question below!

Has anyone used Champion Energy Services for electricity in Houston? Appreciate your reviews?

Question by butrfly: Has anyone used Champion Energy Services for electricity in Houston? Appreciate your reviews?
I cannot find any review about this company online so far. If you’ve used the service, please let me know if you have any concerns or feedbacks. I’m consider to switch to their service since the rate is much lower than Reliant Energy and TXU.

Best answer:

Answer by justbeingher
I have not seen the co. you mention, but I switched to Dynowatt and it is a LOT cheaper than what I had. If you commit to 2 yrs you can lock in a low rate for 2 yrs – less than 16 cents a KWH. When I was shopping rates, Dynowatt was cheaper than TXU for sure.

Add your own answer in the comments!