Day: October 10, 2017

When the monopolist can’t make money

In a business context, the word “monopoly” typically brings to mind notions of market dominance, barriers to entry, and above all, profitability. It is perhaps interesting that Gogo (Nasdaq: GOGO), a provider of in-flight Wi-Fi for airplanes, had a monopoly in North America for the best part of the last decade, yet failed to produce […]