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The most common explanation is that large firms hold monopolistic positions in their product markets that allow them to earn excess rent, some of which is shared with workers through higher wages.
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Hsiao and Lin (2005) investigated an economic order quantity model on Stackelberg game in supply chain; that is, a distribution channel system containing one supplier and a single retailer such that the supplier in the channel holds monopolistic status, in which he not only owns cost information about the retailer but also has the decision making right of the lead time.
That doesn't translate to any faith that the media institutions that once held near monopolistic positions in the last century will survive – though it would be genuinely tragic if the New York Times, for example, were to succumb.
The monopolistic hold on Israel's privately held companies, the market control held by a handful of Israeli families have hijacked one third of our economy.
Cricket, after all, has an almost monopolistic hold on the sporting affections of India's 1.2 billion people.
But by 1990, Mikhail Gorbachev's efforts to restructure the Soviet Union's economy and democratize its political system had eroded both the CPSU's unity and its monopolistic hold on power.
But it isn't just foreigners who should be worried by these scenes: the Chinese government, which has encouraged this outburst of nationalism, should also be afraid.For three decades, having shed communism in all but the name of its ruling party, China's government has justified its monopolistic hold on power through economic advance.
For decades, the reigning Chinese Communist Party has justified its monopolistic hold on power by citing its success in generating rapid economic growth.
This was not entirely the fault of the Hollywood studios and their somewhat beleaguered specialty divisions, which continue to exert a near-monopolistic hold on what is shown in American multiplexes and art houses.
Moreover, (4) is equivalent to (11) and hence the result holds for the monopolistic case.
What does it take to keep such monopolistic centralization from happening?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com