What is Government Granted Monopoly

In economics, a government-granted monopoly is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement. As a form of coercive monopoly, government-granted monopoly is contrasted with an unregulated monopoly, wherein there is no competition but it is not forcibly excluded.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Government-granted monopoly

Chapter 2: Intellectual property

Chapter 3: Monopoly

Chapter 4: Monopolistic competition

Chapter 5: Natural monopoly

Chapter 6: Imperfect competition

Chapter 7: Deadweight loss

Chapter 8: United States antitrust law

Chapter 9: Rent-seeking

Chapter 10: Anti-competitive practices

Chapter 11: Barriers to entry

Chapter 12: Coercive monopoly

Chapter 13: Monopoly profit

Chapter 14: Competition law

Chapter 15: State monopoly

Chapter 16: Industrial property

Chapter 17: Parallel import

Chapter 18: Economics and patents

Chapter 19: Arnold Harberger

Chapter 20: Profit (economics)

Chapter 21: Criticism of patents

(II) Answering the public top questions about government granted monopoly.

(III) Real world examples for the usage of government granted monopoly in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Government Granted Monopoly.