However, there are times when monopolies can be good, such as when barriers of entry are too high, when inefficiency can be eliminated, or when prices can be regulated. Typically, monopolies in conjunction with the government can be beneficial to consumers. 9 Chicago Booth Review. “Do Monopolies Actually Benefit Consumers?.”
However, there are times when monopolies can be good, such as when barriers of entry are too high, when inefficiency can be eliminated, or when prices can be regulated. Typically, monopolies in conjunction with the government can be beneficial to consumers.
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