Tag: monopolies
Five myths about antitrust
August 24, 2023 | Post
Antitrust law will likely affect you personally, either targeting a company you patronize or even your employer. With big changes on the horizon for competition enforcement, here are five popular misconceptions surrounding antitrust…
Harmful natural monopoly: the myth that keeps on giving
August 17, 2023 | Post
Understanding that it is governments – not free markets – that create harmful monopolies is monumentally essential in order to harbor a comprehension of basic economic principles.
Why is General Electric Breaking Up?
February 1, 2022 | Video
If we’re living in late-stage capitalism, why have big companies like General Electric and Johnson & Johnson recently broken up? Weren’t we supposed to see endless consolidation and corporations that dominate the world? You might remember Duke University Professor Mike Munger from We Have a Serious Unicorn Problem. He’s back to explain, among other things, […]
How a telephone company used the government to monopolize an industry for decades
March 3, 2017 | Post
“Oh for the days of Ma Bell!” is not a lament we’re likely to hear. And for good reason. Before the breakup of AT&T, America’s telephone system was a government-sanctioned monopoly characterized by stagnant service offerings, high costs, and a glacial pace of consumer-facing innovation. So it was distressing when a federal appeals court engaged […]