First used in the 1930s by economists Edward Chamberlin and Joan Robinson, the term "monopolistic competition" refers to a market structure in which many businesses provide a product or service, but ...
Major IT government software contractors like Microsoft and Oracle routinely lock federal agencies into sole-source contracts using monopolistic methods that cost the taxpayers hundreds of millions of ...
Charles Feng, Lian Xue, and Yetong Liu of Tahota Law Firm examine whether the model constitutes a monopolistic agreement and draw on the US approach to suggest several changes that could facilitate ...
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