The Mere Possession Of Monopoly Power, And The Concomitant Charging Of Monopoly Prices, Is Not Only Not Unlawful, It Is An Important Element Of The Free-market System. The Opportunity To Charge Monopoly Prices - At Least For A Short Period - Is What Attracts 'business Acumen' In The First Place; It Induces Risk Taking That Produces Innovation And Economic Growth.
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The Mere Possession Of Monopoly Power, And
Antonin Scalia
The Mere Possession Of Monopoly Power, And The Concomitant Charging Of Monopoly Prices, Is Not Only Not Unlawful, It Is An Important Element Of The Free-market System. The Opportunity To Charge Monopoly Prices - At Least For A Short Period - Is What Attracts 'business Acumen' In The First Place; It Induces Risk Taking That Produces Innovation And Economic Growth.
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