A monopoly happens when a business dominates an industry or sector and can therefore control price changes and create entry barriers for competitors. It’s often used as shorthand in the eyes of the ...
17don MSN
90 years of Monopoly: how the ‘new craze’ morphed from socialist critique to capitalist dream
In 1935, a man named Charles Darrow removed the game’s socialist critique (the version that taxed land), renamed it Monopoly and sold it to Parker Brothers. The game was now focused on the ...
The paper deals with the micro-economics of interface manipulation, i.e. the design of the interface between two products to enhance the profits accruing to the firm controlling the design. Taking ...
Google has illegally built “monopoly power” with its web advertising business, a federal judge in Virginia has ruled, siding with the Justice Department in a landmark case against the tech giant that ...
The Punch on MSNOpinion
The economic implications of sectoral monopoly in Nigeria
For the last 60-plus years, the Nigerian government has maintained exclusive regulatory oversight over the sector, ...
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