Question
Controlling the Monopolist in your textbook and review the ways that governments can change the behaviour of monopolies. Post a discussion that takes the viewpoint
"Controlling the Monopolist" in your textbook and review the ways that governments can change the behaviour of monopolies.
Post a discussion that takes the viewpoint of either:
1) for government intervention, or2) against government intervention.
As you are formulating your discussion posting ensure that you present your thoughts on government:
1) setting prices;
2) imposing special taxes; and
3) creating the Competition Act.
Also, refer to the fact that companies may be private, public or nationalized.
Illustrate your point of view with real examples, graphs, and/or current news from online sources.
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