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16 March, 16:58

What happens to products/services if they are controlled by a monopoly?

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  1. 16 March, 17:08
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    If one company completely controls a product or service, that company can charge any price it wants. Consumers who will not or cannot pay the price don't get the product. For reasons both good and bad, the desire and conditions that create monopolies will continue to exist.
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