[lbo-talk] Monopoly power and prices

lweiger at umich.edu lweiger at umich.edu
Wed Apr 6 12:58:21 PDT 2005


Doug wrote:


> By the way, even though Wal-Mart has very substantial market power,
> it's been using that power to drive down wages & prices.

Because they don't have the power to drive up prices.


> About the only major "monopoly" I can think of right now that's overcharging
> consumers is Microsoft -

Well, there are well-coordinated oligopolies like the oil producers, right?

-- Luke



More information about the lbo-talk mailing list