monopolies

The impetus behind tariffs is often to level the economic playing field, such as to avoid letting China subsidize production to create monopolies, said Usha Haley, professor of international business at Wichita State University.

Goods are too expensive, mostly because of corporate monopolies and concentration.

To critics like Sharkey, the former lead singer of the Undertones who nowadays is vocal about the state of UK's rivers, it’s an admission that the privatisation of essential monopolies has been a failure.

“One monopoly is bad enough. But a trifecta of monopolies is what we have here.”

“These utility companies are monopolies,” Hahn wrote this week in a letter to the California Public Utilities Commission.