Monopolies and competition. — The Writer in Black

~ karllembke

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

Published by karllembke

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