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USAntitrust Laws Are Designed to Prohibit Monopolization and Encourage Competition

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U.S.antitrust laws are designed to prohibit monopolization and encourage competition.Why, then, does the government erect barriers to entry and create monopoly power by granting firms patents?


Definitions:

Side Effects

Unintended reactions or responses to a medication or treatment, which can range from mild to severe and may affect how the treatment is administered.

Electroconvulsive Therapy

A medical treatment involving the application of brief electrical currents to the brain, used primarily to treat severe depressive and psychotic disorders.

Obsessive-compulsive Disorder

A mental disorder characterized by recurrent, unwanted thoughts (obsessions) and/or repetitive behaviors (compulsions).

Generalized Anxiety Disorder

Psychological disorder marked by persistent anxiety for at least six months, and in which the individual is unable to specify the reasons for the anxiety.

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