Question
The Biden Administration is placing an increased focus on combating and preventing monopolies. The article mentions 7 industries/areas generating increased focus. Choose one of the
The Biden Administration is placing an increased focus on combating and preventing monopolies. The article mentions 7 industries/areas generating increased focus. Choose one of the areas of focus and tell why we should be concerned? How is it monopolistic? What are its advantages over the competition? What could be some barriers to entry for new firms? Be thorough and thoughtful in your response.
(The article that is referenced in the question is These 7 Markets Are The Target of Biden's New Anti-Monopoly Executive Order")
Here is the link: https://www.marketwatch.com/story/these-7-markets-will-be-the-target-of-bidens-new-anti-monopoly-executive-order-11625850506
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