| The onus is then on the incumbent monopolist to ensure that supernormal profits are never earned. |
| Output restriction simply means that the monopolist and its employees work less hard. |
| It labels the company a monopolist in violation of federal law and mandates reform. |
| So the monopolist will set a price or produce a quantity which will maximize its profits, other things being equal. |
| Once the agreement is implemented three separate undertakings will compete in Spain where only one defacto monopolist was active before. |
| It's a reminder of how much market power a monopolist holds in shaping a culture. |
