This news analysis (powered by Aplia) covers the highly regulated and often relatively competitive pharmaceuticals industry. In 2016, the EpiPen (a life-saving injection device used particularly by those suffering from severe allergic reactions) experienced a large price surge. Why was such a sudden price increase on this product not considered as a profit-making strategy until that time? This news analysis discusses the presence of market power and the profit-maximizing decisions facing monopolists. Questions Attempts Score Percent 1: How did EpiPen's virtual monopoly emerge? This question has 3 attempts. Attempt 3 not started. Attempt 3 not started. Attempt 3 not started. no score out of 1/ 1 No value 2: The market for EpiPens