Limiting monopolies

Limiting monopoly

Description

Limiting monopolies involves implementing regulatory measures and policies to prevent single entities from dominating markets, thereby ensuring fair competition and consumer choice. This strategy addresses problems such as price-fixing, reduced innovation, and market abuse by enforcing antitrust laws, breaking up or restricting monopolistic firms, and promoting market entry for new competitors. The practical intent is to foster a balanced economic environment that protects consumers and encourages healthy business practices.