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Texas railroad companies had monopolies, what does this mean? *

asked
User Chyna
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8.3k points

1 Answer

12 votes

Answer:

There were only a few companies that performed their services or sold their goods.

Step-by-step explanation:

Other examples would be Amazon. Amazon has a monopoly on goods. They have rougly 40% of the e-commerce retail market share.

On the other end, my company is not a monopoly as it has roughly 0.000001% market share.

answered
User Jpangamarca
by
7.4k points

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