It is well known that existence of monopoly is accompanied by economic inefficiency in the form of dead weight loss and … reduced consumer surplus. The consumer surplus that exists in case of perfect competition gets reduced in case of monopoly; as … a part of it goes to the monopolist in the form of monopoly profit, a part of it is lost in the form of deadweight loss …

market, monopoly pricing is well defined - as well as tests for predatory behavior; not so with multisided markets. Since the … markets for their potential for determining consumers' harm and welfare effects, as well as defining monopoly and predatory …

Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …

Economic theory suggests that monopoly prices hurt consumers but benefit shareholders. But in a world where individuals …

industry. The framework is based on a simple downstream monopoly model with two input suppliers, labor forces and the rail …