Public or Private Monopoly?

Almost all aspects of the current policy debate over grain handling, transport and marketing turn on the problem of monopoly. The essential problem is that, in the presence of extensive scale economies, the perfectly competitive market of the textbooks cannot be sustained. Policy makers are left with three broad alternatives, each of which seems more notable for its disadvantages than its advantages. The basic choices are public monopoly, regulation and unregulated private monopoly.


Issue Date:
1988-12
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/12274
Published in:
Review of Marketing and Agricultural Economics, Volume 56, Number 03
Page range:
253-254
Total Pages:
2




 Record created 2017-04-01, last modified 2018-01-22

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