drugs

20.5 How do courts help monopolies monopolize? (Part 3)

20.5 How do courts help monopolies monopolize? (Part 3)

This is the final instalment in the “Monopolica: Kill’em all series”. In this third post, we look at how the courts are used by monopolists, like RCA’s David Sarnoff, lawyer the competition to death. We also look at how a pharmacy giant uses it monopoly-power to reduce the revenues of its competitors and then offer to buy them. You really can’t make this up. For the previous post on Amazon, click here and for the first post, on how Yelp and Foundem.com got “Googed”, click here.