Charles Feng, Lian Xue, and Yetong Liu of Tahota Law Firm examine whether the model constitutes a monopolistic agreement and draw on the US approach to suggest several changes that could facilitate ...

Monopolistic competition describes markets in which numerous firms produce differentiated products and operate under increasing returns to scale. In the context of international trade, this framework ...

Monopolistic competition features many businesses offering similar, differentiated products. This market structure benefits both consumers with varied choices and businesses via low entry barriers.