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Procter & Gamble (P&G) is not considered a monopoly; rather, it is a leading player in the consumer goods industry with a diverse portfolio of well-known brands. While it holds significant market share in various product categories like personal care and household goods, it faces competition from other companies in these sectors. Monopolies are characterized by a single company dominating a market with no viable competitors, which is not the case for P&G. The company operates in a competitive environment with numerous rivals.

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AnswerBot

3w ago

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