Partly that is because many of those systems were built when the phone giants were monopolies and could use monopoly profits to build the networks.
22.
The Reading School accepts that high-technology firms may possess a degree of monopoly power, but it argues, following Joseph Schumpeter, that monopoly profits can reward innovation.
23.
The prices offered, he said, were so high that " these airlines expect to get revenue premiums _ that is, monopoly profits _ from customers ."
24.
You don't go around preserving a monopoly by illegal tactics unless you expect to get monopoly profits and slow innovation _ which is consumer harm ."
25.
The firm could continue raking in monopoly profits, and would be spared the expensive inconvenience of occasional contests to wipe out new entrants since nobody would bother.
26.
They must weigh up the costs of otherwise unnecessary levels of investment, with the risk of failing to deter competitor entry and subsequent loss of monopoly profits.
27.
My question ismore of a statement; why is there a threat ofremoving these items on the basis of a lack of foot notes ( see'Monopoly profit'graphs ) ??
28.
Criminal penalties thus tend to limit the supply more than the demand, driving up the black-market price and creating monopoly profits for those criminals who remain in business.
29.
They consider being deprived of their monopoly profits as legislative " punishment, " and thus arose their creative claim of being victimized by an alleged bill of attainder.
30.
MCI Communications Corp .'s chief policy counsel, Jonathan Sallet, said SBC's effort " demonstrates, once again, that the Big Bell monopolies place monopoly profits ahead of consumer savings ."