This paper examines the relative burden of monopoly, measured as the (static) loss of consumers' surplus for different household income levels. Australian Household Expenditure Survey data are used to generate demand elasticities for fourteen commodity groups and to obtain estimates of the...

This paper examines the relative burden of monopoly, measured using the equivalent variation, for different household income levels. The results indicate that, whatever the size of the absolute welfare loss due to monopoly, there may be a substantial effect on the distribution of welfare....