Suchergebnisse

A severe problem confronting the Northeast portion of the United States has been the closing of plants. In making the decision to close a plant, firms tend to consider private benefits and costs. However, there are significant external costs to the community and workers which an appropriate public policy should require firms to consider. The law has dealt with the plant closing issue in several ways, including the collective bargaining process through the National Labor Relations Act, court challenges, and state and local legislation. This study examines each of these and concludes by calling for comprehensive federal legislation.