5. How would the effects on society be different if prices were reduced by better organization and the prevention of waste?
6. If it could be shown that trusts have lowered prices, should that fact exempt them from all interference from legislation?
7. Describe briefly the "unfair practices" of monopolistic corporations. What specific features of the recent railroad and trust legislation are aimed at the prevention of these practices?
8. Is it good public policy to allow a trust to undersell its smaller competitor in one district while it keeps up [its prices elsewhere]?
9. Are most positive laws intended to hinder competition or make it freer?
10. Copy from the statutes of two states far apart, those sections that pertain to anti-trust or anti-monopoly legislation. Note the general nature of this legislation, special features, penalties for violations, etc., and discuss.
11. What are the main provisions in one of the following: (a) Sherman Anti-Trust Law, (b) Massachusetts Business Corporation Law, (c) The New Companies' Acts, England, (d) German Company Law.
12. Abstract and discuss the Northern Securities decision. Do you see any arguments to be advanced for pooling? Do you think the decision effective in stopping pooling? Ripley (Ed.), Trusts, pools and combinations.