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Examples
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As boonton says, the natural monopoly aspect is principally one of distribution.
Water as a Private Good, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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Since no one wants this outcome, the question for advocates of price controls, as boonton addresses above, should boil down to how to compensate pharmaceutical firms for the value of their intellectual property.
Drug Price Controls, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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