What Might Be A Benefit Of Natural Monopolies? A natural monopoly is allowed to exist and flourish in the market because it can supply specific service or product at a cost that is very lower than any potential rival can and that too in bulk to meet the demand of an entire market. What is
How Intellectual Property Law Interacts And Affects The Competition Policy? Intellectual property law and competition law rules share the same objectives of promoting innovation and enhancing consumer welfare. Furthermore, Intellectual Property Rights (IPR) promotes dynamic competition by encouraging undertakings to invest in developing either new and/or improved products and processes. What does intellectual property do