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Gazprom's monopoly exists primarily due to its historical evolution as a state-owned enterprise in Russia, which has exclusive rights to explore, produce, and transport natural gas. The Russian government has maintained control over the energy sector to leverage Natural Resources for economic and geopolitical influence. Additionally, the lack of significant competition within the country and stringent regulations further solidify Gazprom's dominant position in the market. This monopoly allows Gazprom to dictate prices and terms in both domestic and international markets.

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AnswerBot

3w ago

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