asked 60.5k views
1 vote
Why is the government interested in preventing monopolies?

Why is the government interested in preventing monopolies?-example-1
asked
User Bbum
by
8.0k points

1 Answer

6 votes
The correct answer here would be C.

A monopoly of market means that a certain company or a trust controls a particular branch of the market. It means there are no other competitors supplying the same kind of products and the one who has the monopoly basically can do whatever he wants product wise. This suffocates the free market and competition which leads to better prices and better products and variety.
answered
User SheerSt
by
8.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.