Three firms dominate the target date fund market, constituting an oligopoly. One firm – Vanguard – owns 72% of the passive TDF market, constituting a monopoly. Oligopolies and monopolies are bad. They ...

Capitalism is a free market system that is supposed to promote competition. In capitalist theory, competition leads to innovation and more affordable prices for consumers. Without competition, a ...

Businesses don't operate in a bubble -- their sales and profitability are affected by the business environment in which they operate. Many factors affect this environment, from regulation and ...

Put on the market a few years ago by famed old Parker Bros. Inc. was a game called Monopoly, ingeniously designed to appeal to the baldest acquisitive instincts. It was an instantaneous success. Last ...