Monopoly Power

Monopoly Power
By:iMinds
Published on 2014-05-14 by iMinds Pty Ltd

Learn about monopoly power. Monopoly power is the ability of the dominant participant in a market to control prices. It is a sign of market failure and a major factor in antitrust investigations. Capitalist economic markets rely on competition to operate efficiently and to protect consumer welfare. When a single company controls the prices within a market, the economic welfare of the consumer is often at stake.

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Book which was published by iMinds Pty Ltd since 2014-05-14 have ISBNs, ISBN 13 Code is 9781921798924 and ISBN 10 Code is 1921798920

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