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Thoughts of distinguished classmates

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Do you think that in the real world, monopolies do serve a valuable role as providers of highly specialized products and services that may not be efficiently provided in a competitive market? If so, why might many people, including government regulators, frown upon the existence of monopolies and wish to have them either highly regulated or even broken down? I welcome your thoughts on this along with the ideas and thoughts of your distinguished classmates.

Reference no: EM132542144

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