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Monopolies are generally not permitted because if one company has control of an entire sector of the market they will have the ability to raise their prices extremely high, and everyone would be forced to pay that price because they have nowhere else to go for the service or product.
Basically it is unfair for the customers.
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∙ 13y ago
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Is food allowed on aeroplanes?
Some items are not permitted, but generally yes.
What type of compounds are generally not permitted in CVS pharmacy?
Sterile preparation
People who opposed monopolies argued that monopolies?
Eliminated competition
What did Woodrow Wilson view monopolies as being?
monopolies were bad
A company holds a monopoly of selling shoes. What effect does the monopoly have on the customer?
Monopolies are not generally kind to consumers. In this instance, the prices will likely increase.
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natural, geographic, technological, government
What is breaking up monopolies called?
what is breaking up of monopolies call
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Wilson felt that monopolies were bad.
Is smoking a human right?
Yes, but only in permitted areas; and also, generally, smoking is not recommended.
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He used the law to restrict the actions of monopolies.
Can a chopper land anywhere?
Generally not, but may do so in an emergency or if permitted by local Air Traffic Control
Why was roosevelt against monopolies?
Teddy r. felt monopolies were unfair to business competition
