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Inefficient resource allocation is a major problem with monopolies.
Breach of Contract
The failure to fulfill the terms of a contract by one of the parties involved, leading to potential legal consequences.
Trademark
A recognizable sign, design, or expression identifying products or services of a particular source from those of others, legally protected against unauthorized use.
Golden Arches
A symbol or logo representing McDonald's Corporation, widely recognized as an international symbol of fast food.
Industrial Design Legislation
Laws and regulations that protect the visual design of objects that are not purely utilitarian.
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