Insights
There is no magic in numbers
Whether there is enough competition in the New Zealand retail sector, is hard to tell.
Whether there is enough competition in the New Zealand retail sector, is hard to tell.
To promote competition, the most important things regulators can do is to just let it evolve.
Antitrust law never really made much sense anyway unless you believe in the possibility of economics textbook style ‘perfect competition’.
Patents, far from protecting technological progress, have become a tool for blocking innovation.
Competition between political entities, whether they are countries, states or cities, has correctly been identified as one of the fundamental conditions for creating prosperity.
Consumers have no right to demand a certain price.
Advertising is a competitive tool.
© Dr Oliver Hartwich