Contracts

The protection and enforcement of contracts through courts of civil law is the most crucial need of a peaceful society; without such protection, no civilization could be developed or maintained. The higher or more complex a civilization, the longer the range of...

Competition

Does the market need protection from a dominant player? The question is often asked: What if a large, rich company kept buying out its smaller competitors or kept forcing them out of business by means of undercutting prices and selling at a loss—would it not be able...