Monopoly Power quotes

Monopoly Power

7 quotes on this topic — from poets, philosophers, and thinkers across history.

7 quotes

"The mere possession of monopoly power, and the concomitant charging of monopoly prices, is not only not unlawful, it is an important element of the free-market system. The opportunity to charge monopoly prices - at least for a short period - is what attracts 'business acumen' in the first place; it induces risk taking that produces innovation and economic growth."

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