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If a natural monopoly is broken up, it can lead to increased competition in the market, potentially resulting in lower prices and improved services for consumers. However, the efficiency gains that come from economies of scale may be lost, leading to higher costs and reduced investment in infrastructure. Additionally, fragmented markets can create challenges in coordination and standardization, which may negatively impact overall service quality. Ultimately, the outcome depends on the market conditions and regulatory framework in place.
What else can I help you with?
What is a sentence using the word monopoly?
The monopoly was broken up by the government.
When one person or company controls all of one industry you call it a what?
When one person or company controls all of an industry, it is called a monopoly. In a monopoly, the single entity has significant power over pricing, production, and supply, often leading to reduced competition and innovation. Monopolies can be regulated or broken up by governments to promote fair competition and protect consumers.
Which monopoly did Theodore Roosevelt break up?
In 1904 President Roosevelt got the supreme court to rule that Northern securities company was a monopoly.
What is a monopoly who obtained monopolies in the late 1800s?
Waka Flocka Flame 1017 BrickSquad monopoly Ceo bossed up
How many person play monopoly game?
Up to 8 people.
What is a sentence using the word monopoly?
The monopoly was broken up by the government.
What is the term for the breaking up of monopolies?
it means your monopoly is broken or your head is broken
Why did a judge ordered Microsoft to be broken up for violating antitrust laws?
Because we have anti-monopoly laws. Microsoft is more or less a monopoly.
What were some of the early antitrust cases?
American Tobacco: broken up into separate companies Standard Oil: broken up into separate oil-refining and pipeline companies U.S. Steel: no illegal monopoly found
Powerful northwestern railroad monopoly broken up by Roosevelt's trust-busting?
Northern Securities Company
Is Ma Bell a telephone company still in business?
The Ma Bell telephone company is currently not in business anymore. Ma Bell was originally led by AT&T and was once a monopoly. The monopoly was broken up in the 80's.
How do you use monopoly in a sentence?
Once Fay's Drugs merged with Eckerd, and Eckerd with CVS, competitition decreased among chain drug stores but a monopoly didn't seem to be a concern yet. The proposed merger of Rite Aid and Walgreen, however, raises the specter of decreased competition in drug pricing in many areas of the US.
How might monopoly affect prices?
a monopoly if it has a high demand can push prices up simply people will pay for something that is in demand where as a monopoly with low demand will carry on selling the item for less but the way a monopoly works means that the person who is operating the monopoly will shift the supply lower to always push the price up.
How can you find out about natural disasters before they happen?
Look them up online or read books about them
Would a human living a hundred years ago know the word telephone?
Yes. By 1910, there were 5.8 million telephones in use. AT&T had a monopoly of telephone and telegraph service that was broken up in 1913.
Did Beastie Boys break up?
the Beastie Boys haven't broken up yet. but in light of Adam Yauch (MCA) it will most likely happen
What is true about firm with a natural monopoly?
A natural monopoly occurs when the most efficient number of firms in the industry is one. A natural monopoly will typically have very high fixed costs meaning that it impractical to have more than one firm producing the good. An example of a natural monopoly is tap water. It makes sense to have just one company providing a network of water pipes and sewers because there are very high capital costs involved in setting up a national network of pipes and sewage systems. To have two different companies offering water, wouldn't make sense as the average cost would be very high compared to just one. There would also be the inconvenience of having two firms dig up the road to lay a duplicate set of water pipes. It usually agrees to allow the government to control the price and service provided. (gradpoint)
