Defense and aerospace giant Raytheon announced plans last week to merge with rival defense and aerospace giant United Technologies, creating a huge corporation, albeit a bit smaller than Boeing, and ...

A monopoly happens when a business dominates an industry or sector and can therefore control price changes and create entry barriers for competitors. It’s often used as shorthand in the eyes of the ...

Contrary to conventional economic theory since the time of Thales, who cornered the market for olive presses in western Anatolia in the sixth century BC, another Australian government is poised to ...