What benefits for the country’s economy can the existence of monopolies in certain industries bring?
| October 26, 2020 | Education
Monopolized: railroad transportation, metro, utilities. Monopoly is disadvantageous to consumers: the monopolist is not interested in improving the quality of its products, in increasing the range, he has the ability to set inflated prices. The state pursues an antimonopoly policy to promote fair competition, suppress unfair competition, and restrict monopolistic activities.
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