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He thinks government is often a wasteful and inefficient monopoly.
People mutter about the mullahs' wealth and patronage.The new parliament has been especially obstructive, preventing, for instance, a Turkish company ("with Zionist links", so it was bruited) from acquiring a mobile-phone franchise to break the current inefficient monopoly.
Thanks to deregulation, these new facilities are not being built by an inefficient monopoly but by that well-known private entrepreneur the New York State Power Authority, whose chairman prepared for his post by extensive years of service as the minority leader of the New York State Assembly.
Rewarding inventors with inefficient monopoly power has long been regarded as the price of encouraging innovation.
Publish2 is taking a swing at the newswire mammoth – they un-lovingly call it an inefficient monopoly – by launching a platform that allows newspaper publishers and other media organizations tap the vast amount of quality content already available for free on the Web (we don't mean to brag, but TechCrunch was one of the examples cited by the startup on stage).
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Bring back the cool, calm days of inefficient monopolies under government control.
For the elites in closed markets running inefficient monopolies, credit raises the prospect of future challenges from entrepreneurs.
In part, because the old state-run fixed-line telephone companies were inefficient monopolies, many in Africa took up mobiles with great enthusiasm at the start of the last decade.
The treasury secretary, Larry Summers, suggested in a recent speech that the pursuit of monopoly power could become "the central driving thrust of the new economy"—an echo of the arguments made by another economist, Joseph Schumpeter, rather longer ago.In this model of the "new economy", inefficient monopolies may not survive for long, in contrast to monopolies in the old economy.
The restaurant was sent a bill for $75,000 and settled out of court for $4,000.In this section He who pays the piper Blood and stock Management shortfall Flint sparks fly The Irvine wives Sayonara, sarariman Fallen star ReprintsEurope's collecting societies are inefficient monopolies.
Mr López Obrador's solution to Mexico's energy problems is to allow Pemex, the inefficient state monopoly, to spend more, rather than invite private investment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com