Last week, Gary Kauffman of Augusta Business Daily reported that “the PGA Tour was the only meaningful option for golfers playing at the highest levels, yet the tour doesn’t compensate the golfers for their revenues at the level of athletes in other sports.” (See Pro golfers file antitrust lawsuit). Eleven golfers have filed an anti-trust lawsuit against the PGA Tour. In economics, a monopoly is a single seller of a product. As every student in an introductory class knows, a monopoly can charge a higher price for its product than

Downtown Augusta is home to a growing list of retail shops, restaurants, and other businesses, thanks to the Downtown Development Authority of Augusta. The agency was created in 1974 to oversee and promote downtown redevelopment. Its board meets monthly to discuss a variety of topics, including projects and initiatives. ABD visited this month’s meeting, which was held on Thursday. DDA Executive Director, Margaret Woodard presented the Director’s Report and discussed current projects. For example, as ABD previously reported, The Brunch House of Augusta plans to relocate from Greene Street to