3 ms·
You can only get dominant market power with an asymmetry of information (about how to produce whatever thing it is that gets you dominant market power). This is
by Der_Einzige 5y ago
You can only get dominant market power with an asymmetry of information (about how to produce whatever thing it is that gets you dominant market power). This is why we have IP laws...
- compiler-guy 5y agoThe at&t monopoly obtained power via government grant. There are many others. We have IP laws to avoid monopolies among other reasons, but they aren’t the only way to get monopoly power.