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when a producer have permit/copyright and no anyone know about his product or technology except him and this product/service for welfare of society or it fulfills many requirements of consumers.
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoYes, in fact, the US held the monopoly over the Panama Canal until the last day of the millennium.
Wiki User
∙ 10y agoonly the ones with the name "Board Walk" in them
Wiki User
∙ 13y agoYes
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How were monopolies ended?
Because people criticized that monopolies were unfair and that companies that were using monopolies were too vague. So the government stepped in and made a law that monopolies were no longer allowed. Think of it as the game monopoly. What is your goal? Your goal is to get money and buy all of the companies that are in your way so you would buy their company and there you go, they were out of your way. I hope that helps.
What are the four types of monopolies?
natural, geographic, technological, government
What MIGHT be the purpose of government regulation of natural monopolies or economies of scale?
Government regulation might be used to facilitate competition.
What economic function does the government attempt to correct for in market failures like monopolies?
efficiency.
In economic function the government attempts to correct for market failures like monopolies?
Efficiency
How were monopolies ended?
Because people criticized that monopolies were unfair and that companies that were using monopolies were too vague. So the government stepped in and made a law that monopolies were no longer allowed. Think of it as the game monopoly. What is your goal? Your goal is to get money and buy all of the companies that are in your way so you would buy their company and there you go, they were out of your way. I hope that helps.
What can the government do to prevent monopolies?
The Government should invite other concerns also to have a healthy competitive atmosphere for preventing monopolies.
What are the four types of monopolies?
natural, geographic, technological, government
Why government grants patented monopolies?
There are no patients monopolies. There are patients that are for items made by people or companies.
Are patents trademarks and copyrights all government granted monopolies?
Yes; patents and copyrights are temporary monopolies.
In the late 19th century monopolies most harmed the economy by?
Government mandated monopolies hurt the economy by forbidding competitors that would have lowered prices. The non-government monopolies, who just were monopolies for being so great at offering the lowest prices and best products, did not harm the economy.
What is an antitruster?
An antitruster is a government agent who investigates monopolies.
What was the antitrust policy?
trusts were another name for monopolies so antitrust policy was were the government intervene to prevent monopolies from forming
What was the main reason the government broke up monopolies in the 1900s?
ttt
Why are monopolies regulated by the government?
Monopolies are regulated to protect consumers. An unregulated monopoly can charge prices higher than the efficient level of production which causes some consumers to be left out of the market. Governments can combat this by breaking up monopolies with antitrust laws and turning monopolies into public entities.
Why the government try to stop monopolistic firm?
Monopolies have basically no competition, so they can charge whatever prices they want and use unfair business methods, which is bad for customers, so the government tries to stop monopolies from forming.
Why did the government at first hesitate to break up trusts and monopolies?
I don't think it was really malicious. The government just didn't see trusts and monopolies as a problem, even though they were reducing the amount of business activity in the United States.
