Monopoly: Difference between revisions
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===Point 2=== | ===Point 2=== | ||
}} | }}A monopolistic market is often harmful to consumers. A monopoly inherently does not have competition, since there is no other party to compete. The monopoly can therefore fix prices as they wish, with no one to compete for lower prices. This often leads to ridiculously high prices and is harmful to consumers. | ||
==Examples== | ==Examples== | ||
{{Placeholder box|Some examples of {{PAGENAME}} include: | {{Placeholder box|Some examples of {{PAGENAME}} include: | ||