Economic Industries
Sir, —Since you conduct your own business from a virtually monopolistic industry, perhaps there would be none better qualified to define a suitable objective for both the newspaper industry and the New Zealand manufacturers. Just to put the record straight, your definition of an “economic industry” would prove most interesting.—Yours, etc., JUST INTERESTED.
March 15, 1958. iln general, an economic industry is one that can exist without having to depend on the prohibition of competition, though it may warrant some degree of protection. In exceptional cases, for important public reasons, such as strategy or health, the prohibition of competition may be justified.— Ed., “The Press.”]
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Bibliographic details
Press, Volume XCVII, Issue 28537, 17 March 1958, Page 3
Word Count
107Economic Industries Press, Volume XCVII, Issue 28537, 17 March 1958, Page 3
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