The NHS drugs bill supports international pharmaceutical companies that freeload on publicly-funded research and charge whatever they can get, tweaking drugs to renew legal monopolies
It alleges that while electric utilities like DTE Electric have legal monopolies
to sell electricity to ratepayers, they cannot use that monopoly to gain control over the market for generating capacity.
He then pointed to legal monopolies
that control imports as an example of legal corruption that he said was tied to politicians.
The Sports Broadcasting Act of 1961 made professional sports leagues into legal monopolies
because legal monopolies
allowed producers to drive up the price of
If intellectual property law is justified by appeals to the promotion of free competition, then the dilemma of the law is to balance the market failures that might occur when investment in innovation is deterred by unbridled free-riding versus the deterrence of innovation investment among second-comers if ill-conceived legal monopolies
enable rent-seeking oligopolists to control and stifle follow-on innovation.
Love: By eliminating legal monopolies
and prompting competition for products.
This means there would be neither universal service obligation nor a justification for legal monopolies
," said Ferber.
Too bad, critics say, he didn't realize that inherent regulatory inefficiencies and the legal monopolies
of the companies themselves were to blame for his lack of a lift, not just a cranky cabbie.
Please note: I am talking throughout this article about perfectly legal monopolies
, such as patents, brands and trade secrets; I am not talking about illegal, collusive monopolies or price-fixing.
monopolies caused by geographic idiosyncracies or previous or current legal monopolies
prohibition on Internet gambling could lead to the creation of legal monopolies
for those entities exempted under federal legislation.