Quite a few developing countries have large enough market shares to exercise some monopoly power.
Governments will strike a better balance between regulatory oversight and granting the agencies such influential monopoly power.
Porsche has a small share of the automobile market, or even the high-end automobile market, but still has monopoly power in that market.
They have natural monopoly powers in each sector.
A large market share is not a proof of monopoly, nor is a small market share proof that a firm lacks monopoly power.
The reason the Constitution limits the recipient of the monopoly power to authors resides in the single, unifying theme of the entire constitutional enterprise: the decentralization of power.
Competition chips away at monopoly power.
Vertical merger is a way to gain market monopoly power. It was traditionally thought to reduce transaction cost risks.
Microsoft never had this kind of monopoly power.
However, there are many firms that have market power or monopoly power, which means that they can increase their price above marginal cost and sustain sales for a long period of time. [1].
Microsoft just came along later, duplicated features that Apple pioneered, and reaped the benefit because of its monopoly power.
In order to encourage innovations, the law awards certain time monopoly power to the intellectual property rights, to obtain the benefits.
