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Antitrust legislation has been passed in the United States to limit firms from gaining a monopoly within a particular industry. Think about the way a
Antitrust legislation has been passed in the United States to limit firms from gaining a monopoly within a particular industry. Think about the way a monopoly can distort markets. What are some of the social costs from a monopoly? Give an example of a firm that may have monopoly control within an industry and the negative impacts this may cause
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