Mirroring the introduction of generic drugs to compete with branded small-molecule drugs, policymakers created a path for approval of “biosimilars” to reduce prices by competing with branded biologics ...

Learn the difference between a monopoly and an oligopoly, both being economic market structures where there is imperfect competition in the market.

Uproar has greeted the publication of new coffee rules that critics argue create a bureaucracy that increases operational costs and eat into earnings. Some farmers, millers and marketers, have ...