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Real monopolies are considered bad, as one company has general dominance over a particular market. This can cause smaller, less established businesses to go out of business, and may lead to fines being given to the monopoly company
Answer 2:
- Some monopolies reduce competition and innovation.
- May not have enough oversight.
- Monopolies may have power to harm the consumer, and may pursue it in pursuit of profits
- May intentionally reduce supply to increase profits.
- May be able to wield undue influence over governments.
Monopolies are not always bad. Sometimes the nature of a business may lead to a monopoly being the most natural state for it.
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What are the four types of monopolies?
natural, geographic, technological, government
What is breaking up monopolies called?
what is breaking up of monopolies call
What was Woodrow Wilson's thoughts on monopolies?
Wilson felt that monopolies were bad.
How do you characterize monopolies in the Philippines?
Due to the fact that monopolies have existed in the Philippines for so long, it's almost like a dictating relationship. Meralco is one of the major monopolies. Customers have no choice on what to pay, or who provides them their service. Complaints or not paying a bill, will automatically suspend or cut of your electricity.
How did Wilson approach the problem of monopolies?
He used the law to restrict the actions of monopolies.
How do you use undesirable in a sentence?
The undesirable results were caused by the temperature and humidity. The parents considered the match to be undesirable and wanted him to leave.
What is a varment?
Any usually predatory wild animal considered undesirable. Source: Answers.com
At 5ft4 are you considered undesirable by women?
No, I'm sure there are women out there that like short men.
Who were considered undesirable by the Nazis?
Jews, gipsies, homosexuals and people with severe learning difficulties.
What is a law that singles out and punishes a single person considered an undesirable?
When without a trial is a Bill of Attainder.
Does monopolies exist?
Yes, monopolies exist when a company dominates a particular industry and controls a large portion of the market. This can lead to less competition, higher prices for consumers, and less innovation in the industry. Governments often regulate monopolies to promote fair competition.
People who opposed monopolies argued that monopolies?
Eliminated competition
What did Woodrow Wilson view monopolies as being?
monopolies were bad
Inflation is undesirable because it?
Inflation is considered to be undesirable because it arbitrarily redistributes wealth and real income. It also causes consumers to pay more for goods and services and causes the value of the dollar to go down.
Is rust a good or bad chemical reaction?
Rusting is generally considered undesirable since it weakens the metal that is rusting.
What are the four types of monopolies?
natural, geographic, technological, government
What is breaking up monopolies called?
what is breaking up of monopolies call
