Is it illegal to be a monopoly in the uk?
What are 3 threats to a monopoly?
The disadvantages of monopolies include price-fixing, low-quality products, lack of incentive for innovation, and cost-push inflation.
2024-02-20 08:48:02
Is it illegal to have a monopoly in america?
Section 2 of the Sherman Act makes it unlawful for any person to "monopolize, or attempt to monopolize, or combine or conspire with any other person or persons, to monopolize any part of the trade or commerce among the several States, or with foreign nations . . . ."
2024-02-06 04:10:55
Can a monopoly break even?
In the long-run, the demand curve of a firm in a monopolistic competitive market will shift so that it is tangent to the firm's average total cost curve. As a result, this will make it impossible for the firm to make economic profit; it will only be able to break even.
2023-11-09 06:43:17
Is gambling addiction a disability uk?
A gambling addiction is not a deemed disability and, since it is not a substance addiction, nor is it automatically excluded from being a disability.
2023-02-24 06:15:33
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