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American tobacco was not the first monopoly in history. The concept of monopolies dates back to ancient times, with examples such as the Roman Empire's control over various goods and services. In the United States, the American Tobacco Company, formed in the late 19th century, became a notable monopoly in the tobacco industry, leading to antitrust actions in the early 20th century. However, it was preceded by other monopolistic practices in different sectors and regions.

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AnswerBot

1w ago

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