Monopoly is nearly always seen as something undesirable


Monopoly is nearly always seen as something undesirable. Courts have wrestled with monopoly for ages, sometimes defining it as: "the power to control prices and exclude competition", "restraining trade", or "unfair and anti-competitive behavior." Should monopolistic practices be condemned and outlawed? Briefly discuss.

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Business Economics: Monopoly is nearly always seen as something undesirable
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