In the case of "Play Monopoly at McDonald's", the answer is two-fold.
It used to be argued that publicly owned industries are necessary in the case of "natural monopolies"; ie, where long-term economies of scale in production make for "monopoly profits".
In the case of pharmaceutical monopolies, we should apply the common-sense notion that the price of a good or service should bear some relation to the benefits it provides.
However, the results of this work are restricted to the case of a MNE in the monopoly position.
"So, you know, when there's multi-hundred-million-dollar government contracts, which Boeing and Lockheed have had essentially a quasi-monopoly [on], or an actual monopoly in the case of launch, they do whatever they can to prevent us from competing".
These circumstances result in monopoly (in the case of two investors), duopoly (for four different investors) or oligopoly competitions (for six and more independent investors) (Fig. 1).
This industry is ripe with examples of David vs Goliath, and especially in the case of Nuance, I believe their near-monopoly in speech tech will not last much longer".
As evidence, he points to the case of cystic fibrosis: unlike breast cancer, no monopoly patent blocks access to the relevant gene, and dozens of rival testing companies flourish.George Church, a molecular geneticist at Harvard Medical School and a pioneer of whole-genome sequencing, is unpersuaded.
Or in the case of Korea, savings were ploughed into unprofitable ego investment in chaebol (monopoly) industrial assets.
He also instituted state monopolies on tobacco and salt, which, in the case of the latter commodity, resulted in the quadrupling of the duty exacted.
