A good example of a near-monopoly from recent history is the De Beers Group, perhaps the best-known diamond mining, ...

Mirroring the introduction of generic drugs to compete with branded small-molecule drugs, policymakers created a path for approval of “biosimilars” to reduce prices by competing with branded biologics ...

Why do large companies sometimes lobby for regulation in their own industries? When major crypto exchanges advocate for licensing or tech companies urge regulation of artificial intelligence, the ...

Discover the unique traits of monopolistic markets, their historical roots, and the economic effects, including price setting and barriers to new competition.

September 1, 2019 may be seen as a new starting point for the enforcement of China’s antitrust and competition laws. On this date, three new sets of rules and regulations (the “Three New Regulations”) ...

Uproar has greeted the publication of new coffee rules that critics argue create a bureaucracy that increases operational costs and eat into earnings. Some farmers, millers and marketers, have ...