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Throughout history, monopolies have largely been formed by inventing something new and protecting your product or consolidating firms to merge the competition. As a result,
Throughout history, monopolies have largely been formed by inventing something new and protecting your product or consolidating firms to merge the competition. As a result, Heinz, Hershey, Birdseye, Goodyear, Clorox, General Motors, etc., found different ways to dominate markets. How has how we tried to monopolize industries changed? What has caused it to change? Is it changing now? Use your new knowledge of monopoly power to add insight into where things may be going.
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