Monopolies and competition. — The Writer in Black

Thomas Sowell, Milton Friedman, and F. A. Hayek all had at least something to say on the dangers of monopolies. Monopolies which by their very nature exist with a lack of competition, allow the monopoly to charge higher prices than they could get away with in a competitive environment with the result that resources are […]

via Monopolies and competition. — The Writer in Black

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