ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Monopoly and Public Policy

V V Bhatt Recent public discussions on the problem of monopoly rest largely on the naive and unproven assumption that both monopoly and monopoly capitalism are undesirable both from the point of view of growth and from that of other social objectives. There is no analytic assessment of the objective situation which has lead to these phenomena nor is there any objective interpretation of their role in such industrial development as has occurred so far.

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