The Economics of Competition: The Race to Monopoly

A comprehensive examination of the ways competition and innovations level the playing field in the free market

The Economics of Competition uses the South African pharmaceutical industry as a case study to cogently challenge accepted economic and regulatory views on competition and monopoly, then re-establishes and emphasizes the importance of foundational economic principles. The book comprehensively explores the concept that monopoly is self-limiting within unrestricted competition, as wel...