monopolies
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Some commentators and politicians have proposed regulating Facebook, Twitter, and Google as public utilities. To make sense of this proposal, let’s consider the economic role of public utilities.
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Budgets/TaxesGovernment
Amazon: Government Has An Ongoing Problem Issuing Monopoly, Crony Contracts
by Seton Motley April 19, 2018We’ve oft noted the government’s inability to do well…just about anything.
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FeaturedInternet/Telecom
A Remedy for the Government-Sanctioned Monopolies: Google Facebook & Amazon
by Scott Cleland January 22, 2018Only three online intermediary platforms command bottleneck distribution control of ~90% of online demand and ~90% of offline supply.
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Budgets/TaxesFeatured
Capitalism and the Misunderstanding of Monopoly
by Richard Ebeling December 6, 2017Numerous misunderstanding and mythologies surround the meaning of capitalism and competition, but few match the confusions over the meaning and relevance of “monopoly” in the workings of the market economy.
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Internet/Telecom
Facebook, Google And Amazon Wield Power Over Us All, And Everyone Should Be Worried
by Scott Cleland September 10, 2017Three companies now have enormous power over our economy and society. Politicians on both sides should be worried.
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Nothing could be more confusing than fees charged by hospitals and doctors. There are many reasons why hospitals would like to keep it that way.
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Internet/Telecom
Google’s Information Is Power – Info-opoly Power
by Scott Cleland September 20, 2016Who thinks it wise to allow a single company to corner the global market for any set of critical inputs to the global economy — like stocks, bonds, currencies, industrial metals, precious metals, energy resources, grains, food, or livestock — with no regulatory oversight, transparency or obligation to be an honest broker?
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Budgets/TaxesFeaturedLibertyPodcast
In The Tank Podcast (ep46): #OurAmerica, Monopolies and Antitrust, and Sin Taxes
by Donald Kendal July 8, 2016John and Donny are joined by Heartland Director of Communications Jim Lakely in episode #46 of the In The Tank Podcast. This weekly podcast features (as always) interviews, debates, and roundtable discussions that explore the work of think tanks across the country. The show is available for download as part of the Heartland Daily Podcast every Friday. Today’s podcast features work from the Heartland Institute, the Center for American Progress, and the Commonwealth Foundation.
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FeaturedHealth Care
Inova Benefits from CON Laws Hindering Competitors
by Matthew Glans September 16, 2015Northern Virginia has experienced strong and consistent population growth over the past decade. Loudoun County grew more than any other county in the commonwealth over the past three years and recently became Virginia’s third most populous county. A booming population has led to growth in Northern Virginia’s economy, with competitive markets developing in all manner of industries, save one: health care. A single provider that has developed a near-monopoly, Inova, dominates health care in region.
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Budgets/TaxesEconomicsFeatured
Overregulation ‘Protects’ Consumers from Ride-sharing Carpools
by Jesse Hathaway October 31, 2014In a classic case of regulatory overreach, the California Public Utilities Commission has notified three ride-sharing companies — Lyft, Sidecar and Uber — that their respective experimental new features violate state laws regarding chartered transportation.