Learn how discriminating monopolies charge different consumer prices, maximize profit through pricing strategies, and explore examples illustrating their market impact.

Learn how legal monopolies function, why they're government-sanctioned, and their effects on competition. Explore historical and modern examples, including gambling and telecom.

Xavier Rubio-Campillo does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...