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I need only 100 word Transcript available https://www.npr.org/transcripts/1062857150 Think of a monopoly that is prevalent in your life and identify whether it is a natural

I need only 100 word Transcript available https://www.npr.org/transcripts/1062857150

  1. Think of a monopoly that is prevalent in your life and identify whether it is a natural or legal monopoly. Make sure you know that Monopoly means a SINGLE firm ownership. Do not confuse it with Monopolistic Competition or Oligopoly. We have not yet covered those market forms.
  2. Explain the barrier that helped establish this monopoly as a monopoly.
  3. Is buying up your potential competition to attain a monopoly legal? Which social media company was in trouble in the year 2020 for this reason?

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