First used in the 1930s by economists Edward Chamberlin and Joan Robinson, the term "monopolistic competition" refers to a market structure in which many businesses provide a product or service, but ...

Monopolistic competition describes markets in which numerous firms produce differentiated products and operate under increasing returns to scale. In the context of international trade, this framework ...

It’s been a while since we have treated ourselves (and we hope you) to one of our occasional pieces on applying basic economic concepts to problems in higher education. It’s been a while since we have ...

There are four major market structures, which can tell us what the competitive landscape looks like.

This change, while seemingly slight, has sweeping consequences. If passed, AB 1776 would extend the current law’s reach to prohibit individual companies from engaging in monopolistic behavior.

Law prohibits offer of "very low prices" for production, transfer and marketing Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy, speaks at a media briefing that reviewed the federal ...