Three firms dominate the target date fund market, constituting an oligopoly. One firm – Vanguard – owns 72% of the passive TDF market, constituting a monopoly. Oligopolies and monopolies are bad. They ...
Currently, some of the most notable oligopolies in the U.S. are in film and television production, recorded music, wireless ...
Sri Lanka’s downstream petroleum industry has undergone a remarkable transformation over the past few decades. Once a state-controlled monopoly dominated entirely by the Ceylon Petroleum Corporation ...
How does one reconcile a belief in the power of economic dynamism — that it takes “maximum competitive intensity” in business to really drive growth and innovation — with a deep skepticism that what ...
As markets mature, they trend toward oligopoly or even outright monopoly. There isn’t much difference, because an oligopoly has several members instead of just one. Examples include electric power ...
Capitalism is a free market system that is supposed to promote competition. In capitalist theory, competition leads to innovation and more affordable prices for consumers. Without competition, a ...
First, let's go over the conventional understanding of a monopoly, compare it to an oligopoly, and then compare that to a cartel, so that we're all on the same page. A monopoly, conventionally and ...
The normally rather good David Cay Johnston has a rather puzzling piece about the Charter, Time Warner possible deal going on. It's puzzling because he's right that monopolies are not something that ...
The Liberal government has approved a grain industry merger that will further reduce competition and grow a monopoly. Viterra silos. Credit: Michael Coghlan / Flickr Credit: Michael Coghlan / Flickr ...