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It has been observed that when tobacco companies get saddled with large lawsuit settlements, the increased costs are mostly passed on to smokers in the
It
has been observed that when tobacco companies get saddled with large lawsuit settlements, the increased
costs are mostly passed on to smokers in the form of higher Cigarette prices. Some estimates suggest that profits are
even higher under these new prices
. From this evidence, does it appear that tobacco companies are monopolies?
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