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The Murky Concept of " Natural Monopoly " . . . 1340 B . Does the Existence of Natural Monopoly Make a Sufficient Economic Case for Monopoly Licensing ?
| Content Provider | Semantic Scholar |
|---|---|
| Copyright Year | 2017 |
| Abstract | I. LEGAL DECISIONS ................................. 1336 II. MONOPOLY: NATURAL AND OTHERWISE ........... 1340 A. The Murky Concept of "Natural Monopoly" ... 1340 B. Does the Existence of Natural Monopoly Make a Sufficient Economic Case for Monopoly Licensing? 1346 1. The Costs of "Ruinous" Competition ...... 1351 2. An Example of Healthy Competition in a Declining Unit Cost Industry ............... 1355 3. The Costs of Municipal Regulation ........ 1357 C. Is Cable Television a Natural Monopoly? ...... 1364 D. Natural Monopoly Versus Implicit Competition . 1375 III. COMPETITION: To ATTRACT CONSUMERS OR TO SE- |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://scholarship.law.upenn.edu/cgi/viewcontent.cgi?article=4008&context=penn_law_review |
| Alternate Webpage(s) | http://scholarship.law.upenn.edu/cgi/viewcontent.cgi?article=4008&context=penn_law_review |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |