Monopoly Power

Some articles on monopoly power, power, monopoly:

Endogenous Growth Theory - Endogenous Versus Exogenous Growth Theory
... growth models the assumption of perfect competition is relaxed, and some degree of monopoly power is thought to exist ... Generally monopoly power in these models comes from the holding of patents ... The R D sector develops ideas that they are granted a monopoly power ...
John Kenneth Galbraith - Works - Economics Books
... perhaps the exemplary institutionalist perspective on Economic Power ... In American Capitalism The Concept of Countervailing Power, published in 1952, Galbraith outlined how the American economy in the future would be managed by a triumvirate of big business, big labor, and an ... reaction of lobby groups and unions "countervailing power." He contrasted this arrangement with the previous pre-Depression era where big business had ...
Market Power - Monopoly Power
... Monopoly power is an example of market failure which occurs when one or more of the participants has the ability to influence the price or other outcomes in some general or ... The most commonly discussed form of market power is that of a monopoly, but other forms such as monopsony, and more moderate versions of these two extremes, exist ... A well known example of monopolistic market power is Microsoft's market share in PC operating systems ...

Famous quotes containing the words power and/or monopoly:

    Love prays. It makes covenants with Eternal Power in behalf of this dear mate.
    Ralph Waldo Emerson (1803–1882)

    Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.
    Mario Puzo (b. 1920)