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Should monopolistic practices be condemned and outlawed

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Reference no: EM132180671 , Length: 150 Words

Question - Monopoly is nearly seen as something undesirable. Courts have wrestled with monopoly for ages, sometimes defining it as: "the power to control prices and exclude competition", ‘restraining trade" or "unfair and anti-competitive behavior". Should monopolistic practices be condemned and outlawed? Briefly discuss.

Reference no: EM132180671

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