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Competition are sufficient to keep monopoly firms in check

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Reference no: EM131282564

Most all of us have had some exposure to the history of trusts and monopolies of the late 1800s and early 1900s. However, what monopolies can you identify in the current marketplace. Do some quick internet searches regarding how the US and the EU handle monopolies differently.

If the marketplace is to reward firms that succeed in competing against their competitors, then shouldn't the "winner" of competition be entitled to the spoils?

Do you think that innovation and organic competition are sufficient to keep monopoly firms in check?

Don't just offer your opinion, include evidence to back it up.

Reference no: EM131282564

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