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Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Natural Monopoly

Natural MonopolyHigh-fix, start-up costs often lead to natural monopoly in industry and markets. Especially if talking of a new industry or being an inventor (lone/sole), of a new product. All of these factors can undermine consumers getting the deals they deserve, higher pricing, gouging etc. A natural monopoly like these are however naturally occurring, almost by default, not orchestrated or designed, usual, expected. It translates into a sort of organic domination and control of a singular company or entity supplying, making and distributing  irreplaceable products, goods or services, with no competitors.  Changes, market manipulating, pricing/costing, setting fees, lack of competition (no substitutes, no competitors), even markets-consolidations all can result in this scenario and circumstance, market dynamic.  Special interests and anti-trust legislation go a long way to curb and manage, track these events and manifestations. Supremacy and control, reconsolidation, redistribution, fair trade counter-act some of these firmly entrenched ‘empires’.


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Definition of the Day Australian Securities Exchange

Australian Securities Exchange - The Australian Securities Exchange is the largest stock exchange in all of Australia, and is also known as the ASE, which opened for operation in 1987. Although its operations and functions have change with the times, it was transformed in 2006 after becoming the product in...

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