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But, monopoly pricing is also not in the public's interest.
So much land would come to market that it could no longer sell at a monopoly price.
This plan was popular among the companies, which could now charge monopoly prices.
This could even lead to monopoly pricing on many major routes.
What would deter the new owners from charging monopoly prices?
They said the commission's action would allow monopoly pricing.
California authorities calculated that a generating company needed to control just 3 percent of the state's supply to set a monopoly price.
The government set a monopoly price on exports, which increased tax revenue and keep domestic prices low for Thailand.
Will New Yorkers again be forced to pay monopoly prices for milk?
Railroads need some monopoly pricing power as an incentive to reinvest in their systems.
Is airline competition dying, a victim of increased market concentration and monopoly pricing?
Drug companies exploit patent laws to extend the period they charge monopoly prices for medicines.
Today, airlines cannot charge monopoly prices because other carriers will be tempted to grab their passengers.
When an institution is able to charge monopoly prices, consumers (in this case, college basketball fans) are the ones who ultimately pay.
Antitrust laws would prevent newly independent giant enterprises from charging monopoly prices.
For instance, appropriating the only water hole in a desert and charging monopoly prices would not be legitimate.
Meanwhile, many advertisers have expressed concern that consolidation will reduce their leverage and lead to monopoly pricing.
Assume the UK gas industry is setting monopoly prices.
This would be 'collusive' in yielding the monopoly price.
The profit-maximizing monopoly price charged by Firm A is then:
The deadweight loss is then the economic benefit foregone by these customers due to the monopoly pricing.
The market becomes distorted, market power is used to move prices away from perfect competition toward monopoly pricing, and you become worse off.
When you have a monopoly, you charge monopoly prices.
Or it may be because new entrants seriously undercut the old monopoly prices (competition eventually forced rates down about 20 percent).
However, if monopoly pricing is the issue, by far the best way to deal with it is to find a way to encourage real competition.