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There are a number of legal monopolies in the US. One is the postal service. Sure, there are several courier services, but only one official mail service. Could you imagine if you had to put up 10 different mail boxes, one for each mail carrier? The power company, water company, and fire departments are others.

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8y ago
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13y ago

Monopolies in America are illegal. "Near" monopolies include AT&T, IBM and Microsoft. The Justice Department has investigated these companies to be sure they comply with this law.

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15y ago

Microsoft

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Q: What monopoly corporations exist in the US?
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Related questions

What actions did president Roosevelt take against large corporations and railroad?

President Theodore Roosevelt was concerned about the monopoly powers of large corporations. He pioneered the efforts to control large corporations by the use of anti-trust legislation. He has left an outstanding record as US president for his actions.


Can a pure monopoly really exist?

yes. even tho its illegal in the US other countries still allow monopoly. like mexico


Why do corporations exist?

The reason that corporations exist is to serve people. They are there to provide jobs, services, products, and benefits.


How does a monopoly increases a corporations profits?

by eliminating competition to control prices


Why technological monopoly is allowed?

It is not encouraged and does not exist in practice.


Why were corporations better for large businesses than partnerships?

Corporations could continue to exist after managers died. Corporations could quickly raise money by selling shares of stock. Corporations can grow much faster.


What are some sentences using the word monopoly?

"Monopoly suppliers are publicly owned." "Monopoly of wisdom." "Monopoly of truth seems to threaten us."


What is another name for a giant business combination made up of many corporations doing the same kind of business?

Monopoly .


Did corporations develop rapidly in the 1830s when legal obstacles to their formation were removed?

"Corporations" did NOT exist in the 1830s, and in fact, there were very few "companies".


A monopoly may exist because?

if you have all of the proporties of the same suit. ex: boardwalk and parkplace. you have all of the proporties so hence a monopoly.


President Theodore Roosevelt stated in 1902 that his actions were against what?

Misconduct -APEX


How are government corporations similar to other corporations in the US?

They are run by boards of directors.