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07-16-2012, 02:10 PM
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#1 |
A roundup of recent Michigan newspaper editorials
The Oakland Press (Pontiac). July 16.Bridge owner's monopoly avoids competitionOne of the reasons monopolies are unhealthy for the economy is because of their ability to raise prices without any justification or what economists might describe as "market signals."Witness the recent decision by the Ambassador Bridge Company to raise tolls More... |
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