Editing Artificial scarcity (section)

{{Short description|Concept in economics}}
{{use British English|date=March 2015}}
{{Use dmy dates|date=September 2022}}
{{competition law}}
'''Artificial scarcity''' is [[scarcity]] of items despite the technology for [[Production (economics)|production]] or the sufficient capacity for [[sharing]]. The most common causes are [[monopoly]] pricing structures, such as those enabled by laws that restrict competition or by high [[fixed cost]]s in a particular marketplace. The inefficiency associated with artificial scarcity is formally known as a [[deadweight loss]].