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USAntitrust Laws Are Designed to Prohibit Monopolization and Encourage Competition

question 56

Essay

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:

Disenfranchisement

The process of depriving a person or group of people the right to vote or other rights of citizenship.

Markets

Places or platforms where buyers and sellers come together to trade goods, services, or financial instruments.

Two-way symmetrical

A public relations model emphasizing mutual understanding and balanced power between an organization and its stakeholders through dialogue and negotiation.

Effective Communications

The art and technique of sharing information in a way that the message is successfully received, understood, and responded to.

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