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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.
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 ...
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 ...
A monopoly can occur when it finds the best way to minimize its costs through economies of scale to the point where other companies cannot compete with it. [1] For example, if many companies are already offering electricity, the additional installation of a power plant will only disadvantage the consumer as prices could be increased.
Nationwide data from the U.S. Energy Information Administration [7] shows that Texas's electric prices did rise above the national average immediately after deregulation from 2003 to 2009, but from 2010 to 2015, prices dropped significantly below the national average price, with a total cost of $0.0863 per kWh in Texas in 2015 vs. $0.1042 ...
For example, in some cases, utilities (such as those providing electricity or water) may operate as natural monopolies due to high infrastructure and distribution costs. Technology monopoly: This type of monopoly occurs when one company has exclusive control over a particular technology or innovation, thus enabling them to dominate the market.
(Reuters) -The U.S. Department of Justice plans to issue an outline by December on what Alphabet's Google must do to restore competition after a judge earlier found the company illegally ...
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.