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Thursday, September 18, 2014

'What's So BadAbout Monopoly Power?'

At MoneyWatch:

What's so bad about monopoly power?: Google (GOOG) has been negotiating with European regulatory authorities since 2010 in an attempt to settle an antitrust case concerning its search engine, and its third attempt to settle the case has been rejected. Google may also face new antitrust problems over its Android mobile operating system, and it's not alone in facing tough antitrust scrutiny in Europe. Microsoft (MSFT) has also been the subject of a long-running battle in Europe over market dominance issues. But what's motivating this scrutiny from European regulators? What's so bad about a company amassing monopoly power? ....

[Also, from yesterday, What do economists mean by "slack"?]

    Posted by on Thursday, September 18, 2014 at 09:39 AM in Economics, Market Failure, Regulation | Permalink  Comments (17)


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