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Average cost pricing is one of the ways government regulate a monopoly market.
The deal would continue Columbia's strategy of seeking monopoly markets.
The two primary factors determining monopoly market power are the company's demand curve and its cost structure.
In a monopoly market, the consumer is faced with a single brand, making information gathering relatively inexpensive.
In standard regulated monopoly markets, electricity rates typically vary for residential, commercial, and industrial customers.
Indeed, the more high technology has changed, the more striking it is that Windows' monopoly market position has stayed the same.
However, in monopoly markets X-inefficiency could arise, because of the absence of competitive discipline.
"When we get down to three carriers dominating 85 percent of the market, the number of monopoly markets will grow exponentially.
The regional power distributors have strong cash flow and operate in monopoly markets, although the industry is to be deregulated in 1998.
European policy has liberalised monopoly markets - energy, telecommunications and air transport - and the target, the focus, was always the consumer.
And as competitors piled into its former monopoly markets, the criteria for success at the company were upended, leaving once-promising managers out on the street.
Because they are in monopoly markets with little competition, Mr. Topping said, the newspaper owners skimp on news to increase profits.
Therefore, the revenues earned in unregulated market can offset the loss due to regulation in monopoly market and increase overall profits.
Polimark, which took advantage of the monopoly market at home created by the sanctions, faces competition from European and American companies that can now come back.
If they have a monopoly markets are a definite no no and if they are at a disadvantage they want protecting.
After the Bell companies have opened their monopoly markets to competition, the F.C.C. is to stop regulating the charges altogether.
There will be a set of natural monopoly markets sustainable as natural monopolies given specific pricing policies under the assumption of perfect contestability.
Most experts say that the risk exists of monopoly markets emerging from each of these alliances, including the Northwest-KLM deal.
But duopoly fares do not differ much from those in monopoly markets; the 344-mile trip on both American and Northwest costs $680 for full-fare business travelers.
This temporary creation of a "monopoly market" promises maximum gains to the capitalist class and thus becomes a prime imperative for them to invest in R&D.
His company, Esat Telecom, consistently challenged Eircom with price competition and court actions in what was once Eircom's monopoly market.
Under utility deregulation, companies like Con Edison are being forced to separate their power-generating and distribution operations to allow other electricity suppliers access to what had been monopoly markets.
"Introducing competition in monopoly markets requires consistent pro-competition intervention by the government," said William E. Kennard, who resigned as the F.C.C.'s chairman earlier this year.
By controlling prices in monopoly markets and preventing the Bell companies from taking advantage of their local monopolies to impede competition in other markets, regulation benefits consumers and promotes competition.
A state proposal to restructure the Consolidated Edison Company does not do enough to introduce competition into what is now a monopoly market for electric power, an administrative judge said in a report released today.