Failure monopoly

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Failure monopoly is a monopoly which depends upon the use of a prior malinvestment which it would be clearly unprofitable for anyone to duplicate. An example would be the operation of an already existing exclusive capital structure when consumers will buy the output at prices which exceed operating expenses but which fail to yield the sums which those with uncommitted savings can expect to earn from other investments open to them.[1]


  1. Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-07-12.