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Monopoly is nearly always seen as something undesirable. Courts have wrestled with a monopoly for ages, sometimes defining it as: the power to control prices

  • Monopoly is nearly always seen as something undesirable. Courts have wrestled with a monopoly for ages, sometimes defining it as: "the power to control prices and exclude competition", "restraining trade", or "unfair and anti-competitive behavior."
  • Should monopolistic practices be condemned and outlawed?
  • What is your reasoning?

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