Monopoly and Competition

If you missed it, the creator of Facebook (Mark Zuckerberg), a popular social networking website, was sued three years ago by a company he had prev

As Medical Patents Surge, So Do Lawsuits reports that

Thank goodness for the patent system leading to

I read where tuition and fees at private colleges are up 5.9% this year.

Greg Beck from the Consumer Law & Policy Blog:

Yesterday I stopped at an RV/boating store to buy a 40-amp fuse for my camper.

But what you are not permitted to do in a free market is use violence in the attempt to create an artificial scarcity, which is all that IP legislation really does.

The headline reads: “What to do when everything is Made in China?: A one-week attempt

Contrary to its “do no evil” pledge, Goog

Competition can mean rivalry or freedom. All firms must serve the preferences of consumers in order to exist. Monopoly has historically been an artificial privilege granted by the state.