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The role of the Federal Trade Commission is to prevent monopolies - if a firm takes an action that would lead to a monopoly market
The role of the Federal Trade Commission is to prevent monopolies - if a firm takes an action that would lead to a monopoly market structure, the FTC is supposed to step in and prevent that action from occurring. In practice, however, there are certain situations in which the FTC may be permissive of monopolization. Why? Under what circumstances might the FTC allow monopolies to be created
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