Is monopoly a good or bad thing?

Is monopoly a good or bad thing?

Is monopoly a good or bad thing?

Monopolies over a particular commodity, market or aspect of production are considered good or economically advisable in cases where free-market competition would be economically inefficient, the price to consumers should be regulated, or high risk and high entry costs inhibit initial investment in a necessary sector.

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  • 2024-01-11 14:45:11
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