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A functional democracy must be fueled by a flow of credible information. The void created by the decline of journalism is filled by misinformation.
For example, a 2022 Red Hot Chili Peppers show at Bank of America Stadium in Charlotte, N.C., had per-ticket fees of $25.75, plus $3.49 for processing, meaning one concertgoer would pay $29.24, an ...
As is too often the case, it seems like the only monopolies that earn government approval are the ones it helps create. The post With U.S. Steel Decision, Biden Turned His Back on Opposing ...
A coercive monopoly is not merely a sole supplier of a particular kind of good or service (a monopoly), but it is a monopoly where there is no opportunity to compete with it through means such as price competition, technological or product innovation, or marketing; entry into the field is closed. As a coercive monopoly is securely shielded from ...
The best example, Khan pointed out, involved the efforts by major book publishers to counteract Amazon's policy, rolled out in 2007, of pricing bestseller ebooks at $9.99, undercutting the ...
In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, [21] good, commodity, or service. A price floor must be higher than the equilibrium price in order to be effective. The equilibrium price, commonly called the "market price", is the price where economic forces such as supply ...
Google, already facing a possible breakup of the company over its ubiquitous search engine, is fighting to beat back another attack by the U.S. Department of Justice alleging monopolistic conduct ...