If it falls also on monopoly profits, the total yield of the tax is.

With the simple constant mark-up pricing supposed, the tax on monopoly profit makes no difference.

This can result in higher outputs, lower prices and the reduction of monopoly profits.

This however doesn't lead to high monopoly profits on any particular titles as close substitutes still remain.

Recent privatisations were about how to control monopoly profits.

"What the monopolies got were monopoly profits," he said.

The large dividends paid by the more successful companies incorporated a substantial element of monopoly profit.

The distributional implication of high monopoly profit is less important, since it could always be taxed away.

But studies suggest that by now, cable companies are earning exorbitant monopoly profits.

Either the rival paper folds or the owners can cash in their losses for shared monopoly profits.