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 ...

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.

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 ...

There are varying types of market structures in industries. The type of market structure of a company in a particular industry influences the way the company conducts business and how pricing ...

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 ...