natural monopoly
61Clayton Antitrust Act — The Clayton Antitrust Act of 1914 (Pub.L. 63 212, 38 Stat. 730, enacted October 15, 1914, codified at 15 U.S.C. §§ 12–27, 29 U.S.C. §§ 52–53), was enacted in the United States to add further substance to the U.S …
62Robert Fortune — (September 16, 1812 April 13, 1880), was a Scottish botanist and traveller best known for introducing tea plants from China to India. Travels and botanical introductions to EuropeFortune was born in Kelloe, Berwickshire. He was employed in the… …
63Criticisms of socialism — Economics …
64Regulatory economics — is the economics of regulation, in the sense of the application of law by government that is used for various purposes, such as centrally planning an economy, remedying market failure, enriching well connected firms, or benefiting politicians… …
65R. Mark Isaac — is an American academic who uses experimental economics to address basic microeconomic problems. His work has provided new empirical insights for many traditional economic problems, particularly cooperation and collective action problems.… …
66Competition and Consumer Act 2010 — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …
67Monopolization — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …
68Economies of scope — are conceptually similar to economies of scale. Whereas economies of scale primarily refer to efficiencies associated with supply side changes, such as increasing or decreasing the scale of production, of a single product type , economies of… …
69Tying (commerce) — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …
70Free entry — is a term used by economists to describe a condition in which can freely enter the market for an economic good by establishing production and beginning to sell the product.Free entry is implied by the perfect competition condition that there is… …
