WALTER ADAMS JOEL B. DIRLAM
International safeguards against unfair competition. The steel industry and its fight for protection. VRA, quotas, unilateral and bilateral agreements. The trigger price system in the steel market; its effect on inflation, competition, and industry modernization.
A free enterprise economy is built on the proposition that free competition should be the rule of trade. In the United States, public policy has been designed not only to promote free competition, but also fair competition. The antitrust laws -- aimed at protecting the integrity of the competitive free en terprise system -- prohibit collusion and monopolization,