February 1970
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27 Reads
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187 Citations
Stanford Law Review
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Citations (1)
... Throughout history, economists have viewed monopoly as a market blight and a form of market failure (Jackson & Jabbie, 2020). They also equate the "evils" of monopoly with theft and taxation, for the monopoly can impair an economy's vigor (Posner, 1999). Unfortunately, many countries have created and nurtured monopolies either willingly or as a result of political intention due to ignorance of the economic consequences of monopolies (Ekpeyong & Akintunde, n.d.). ...
- Citing Article
February 1970
Stanford Law Review