If monopoly A restrains its price in order to sell more, monopoly B will be able to raise its price and collect a bigger slice of monopoly rent.
Once the government achieved a monopoly, the price of its raw data went up--just what you'd expect from a monopolist.
First, a bull market, and the shining success of Deutsche Telekom, the former state-owned telecommunications monopoly whose share price has risen 50% since the firm's widely publicised flotation in November, has made German investors increasingly adventuresome.
They destroyed the Dutch monopoly, brought down the price of chocolate and made a fortune.
In May, the FCC leadership floated the idea of deeming complex and dynamic Internet services equivalent to old-fashioned monopoly phone services, thereby triggering price-and-terms regulations that originated in the 1880s.
WSJ: Robert M. McDowell: The FCC's Threat to Internet Freedom
If the goal were to maximize auction revenue and profits then the right approach would be to bundle all our spectrum and sell it to one firm, which would be willing to pay an enormous price to have a monopoly in the lucrative market with no possible threat of competition.
FORBES: Spectrum Auctions: Should Congress Let AT&T, Verizon Bid?
Once KV had a monopoly to sell 17P it raised the price per dose more than 100-fold.
Even they may be turning: Gazprom, Russia's gas-export monopoly, is threatening Belarus with a potentially disastrous price rise.
It is easy to imagine circumstances in which a monopoly would charge less than the text-book profit-maximising price, either to extend its market (with a view to raising prices later) or to deter new entrants (a strategy known as limit-pricing).
He is prepared to meet these head-on as the price for removing what he sees as the dead hand of monopoly supply.
Then there's the Federal Trade Commission, which has broad oversight over everything from price fixing at the gas pump to whether Google is a monopoly.
This long allowed Gazprom, a Russian monopoly which generates 70% of Turkmenistan's GDP, to dictate the price.
It stands to reason that replacing OPEC's monopoly with fuel competition will force the cartel and commodities speculators to drop the price of oil.
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