Monday, May 6, 2019

THE ECONO,Y AND MONOPOLIES Essay Example | Topics and Well Written Essays - 250 words

THE ECONO,Y AND MONOPOLIES - Essay ExampleMonopoly is a judgment that strides under macroeconomics. In addition, it is a situation when there is a single seller in the grocery store who acts ilk the godfather of all products it means that only the seller may alter prices of the products according to his own intentions. beneath mentioned are three reasons (Allison, 2009) in which monopoly would not be efficientThere has been a consensus many measure practically that a regime intervenes in the decision making of the country in economic activities like monopoly. United States (US) is one of those economies that used antitrust policies to stop a monopoly from occurring. There are several companies that face up problems here in the US and the name of Microsoft is one of them, largest company of software development in the country.The government of the US took several actions against the company to restrict their quota of manufacturing products in order not to build monopolistic ca rriage within the economy. Apart from that, Microsoft was obliged to disclose everything in front of the public before the making and institution of any product in order to minimize the effects of monopoly to comply with the standards and to be in clutch with the economic consequences with the country of

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