The dangers of monopolies and trusts have long been clear. A company or an allied group that controls most sales of a good or service can use that power to set prices at an arbitrarily high level.

You hear it claimed relatively often today that low wage employers have monopsony power. For example, this is a sometimes cited explanation for the claim that there is no disemployment effect of the ...

Two erroneous notions have long infected the debate about appropriate public policies for prescription drugs. The first is that patents protecting intellectual property grant monopoly power and keep ...

Amid all the other kerfuffle this week, Congress held hearings on growing evidence of monopsony power in labor markets. For those lucky few who didn’t take a labor economics course, monopsony is ...

WASHINGTON (Reuters) - If U.S. antitrust enforcers decide to challenge the proposed $45 billion merger of Comcast Corp and Time Warner Cable Inc, it may be because of an idea with a funny-sounding ...

f there’s only one employer in town, the employee’s bargaining power is relatively low. That’s the empirical claim behind the idea that monopsony -- a monopoly of demand for employees by a single ...

Public Service Company of Colorado’s (PSCo) recently approved “Clean Energy Plan” will retire two coal plants and replace them with “shockingly” cheap new wind and solar projects after receiving 430 ...

Under developing-economy circumstances of small and mainly informal firms and a few official corporate conglomerates, an investigation of the developmental role of banking in such economies might be ...