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Be it resolved that the monopoly market structure and associated behavior should be made illegall

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  • Argument Topic: Price discrimination


                They are the price setters and try to maximize on optimum profits from consumers

  • MayCaesarMayCaesar 4676 Pts   -  
    It is important to outlaw monopoly without outlawing certain regular market practices, since a monopoly can arise as a consequence of those practices. A company may offer a product that is so much better than its competitors' offerings in this segment of the market, that nearly all the customers switch to its product. Or it can offer the only product of a given type on the market - say, a company that is the first to develop and make affordable flying cars will likely enjoy a period of market monopoly on flying cars.

    As such, specification of the associated behavior is warranted. Outlawing market monopoly without outlawing regular market practices is impossible, just as it is impossible to outlaw someone being the most attractive gentleman at a ball without imposing restrictions on certain natural courtship procedures.
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