and the steel industry, we argue that bilateral monopoly is an adequate framework to deal with the iron and steel market …

growth, since rising waves of technical progress cause rising monopoly power. We test it by showing that, since the 1970's …, information technology (in short IT) has caused rising monopoly power, which explains rising inequality, slow growth of wages and … low level of investment since the 1970's. This monopoly power is legally protected by patent laws, intellectual property …

devised to overcome difficulties in acquiring and maintaining monopoly power and the legal implications of these strategies …

This paper studies macroeconomic consequences of oil price shocks caused by innovations in the monopoly power in the … oil market. Monopoly power is interpreted as oil producers' ability to charge a markup over marginal costs. We propose a …' monopoly power rises. A general equilibrium model suggests that higher monopoly profits attract investments in oil producing …