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List three businesses that can exist today, because of the World Wide Web that could not have existed before the advent of this technological communication system. How has the World Wide Web allowed supported the establishment and functioning of these businesses? Do you think that the World Wide Web has made it easier or more difficult to start new businesses? Explain your answer. Do you think that the World Wide Web has made it easier or more difficult for companies to establish themselves as monopolies? Explain your answer. Now scribe an editorial considering whether or not you believe that monopolies should be illegal and defend your argument using pertinent economic theory.

Reference no: EM132098737

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