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On 33rd Street just north of Penn Station, the bus depot might seem to have sheltered competition for the Pennsylvania Railroad, but it was the railroad that built it.
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Yet despite structural reforms to encourage competition, large sectors are sheltered from competition, and so-called "tycoons" control many of Israel's largest businesses and enjoy vast personal wealth.
These countries have been suffering not from too much competition, but from too little: for too long, too many of their workers and producers have been sheltered from competition, fostering high costs and inefficiency.Nor will partial reforms of the kind so far carried out be sufficient.
Too many businessmen are sheltered from competition.
They are sheltered from competition, soak up resources and stoke inflation.
State enterprises were freed from many central controls (though prices often remained controlled), but were still sheltered from competition.
This means state-owned banks must be expected to make losses, and will have to be sheltered from competition.
As an alternative, a precision feeding system was developed to provide small meals to individual birds multiple times each day, sheltered from competition.
Sheltered from competition, they have had little incentive to invest in, for instance, modern aircraft, secure ticket distribution or brand development.
Economists persuaded governments to abandon mercantilism by demonstrating that trade barriers imposed higher prices on the masses while narrowly benefiting those sheltered from competition.
Many teachers and most local education officials will treat such inquiries with suspicion, of course: in most rich countries, unlike the pupils they turn out into the world, they have been sheltered from competition since they left college.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com