38 | Monopoly Power
A monopoly is a market in which there is only one seller. In a market served by one seller, a monopolist, the price may rise above competitive level.
Planet Money: Antitrust 3 Big Tech
This is the third episode in our series on antitrust law in America. Our first episode told the story of Ida Tarbell and how her reporting on John D. Rockefeller and Standard Oil changed antitrust law in the early 1900s. Our second episode followed the turn that took place in the 1970s in response to Robert Bork's Antitrust Paradox.