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Author Question: Are all monopolies illegal? What will be an ideal response? ... (Read 16 times)

student77

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on: Aug 3, 2018
Are all monopolies illegal?
 
  What will be an ideal response?

Question 2

________ is the body of rules created by the controlling authority to govern the citizens.
 
  Fill in the blank(s) with correct word


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rekilledagain

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Reply #1 on: Aug 3, 2018
Answer to Question 1

Contrary to popular opinion, monopolies are not illegal. Monopolistic behavior, however, is. This means agreements to suppress competition which ultimately restrain trade and hurt consumers. Often, courts are left to decide whether or not an illegal monopoly exists.

Answer to Question 2

Law


student77

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Reply 2 on: Aug 3, 2018
Thanks for the timely response, appreciate it

milbourne11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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