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The economy is one of the major political arenas after all. Identifying Speculative Bubbles and Its Effect on Markets Speculation plays an interesting role in economics and one that drastically affects markets.
It is Many economies are at the brink of collapse, as companies struggle to stay afloat. World governments The Company has left its competitors — Yahoo and Microsoft behind with its innovation and technological advancement.
Patents provide a legal monopoly to a Company albeit for a short period of time. During the time the patent is in force no other Company can use its invention for its own purposes.
A casino in Genting Highlands, Malaysia held an exclusive patent for legalized casino and it enjoyed the legal monopoly for years in Malaysia.
Due to its monopolistic activities for service as essentials telecommunication, the Company was forced to split into six subsidiaries called Baby Bells.
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Solitaire Classic. Knights of Fortune. Mech Battle Simulator. Battleship Online. Mergers and acquisitions among companies in the same business are highly regulated and researched for this reason.
Firms are typically forced to divest assets if federal authorities believe a proposed merger or takeover will violate anti-monopoly laws.
By divesting assets, it allows competitors to enter the market by those assets, which can include plant and equipment and customers. In , the Sherman Antitrust Act became the first legislation passed by the U.
Congress to limit monopolies. The Sherman Antitrust Act had strong support by Congress, passing the Senate with a vote of 51 to 1 and passing the House of Representatives unanimously to 0.
In , two additional antitrust pieces of legislation were passed to help protect consumers and prevent monopolies. The Clayton Antitrust Act created new rules for mergers and corporate directors, and also listed specific examples of practices that would violate the Sherman Act.
The laws are intended to preserve competition and allow smaller companies to enter a market, and not to merely suppress strong companies.
In , the U. There is one single seller who sells the unique product with no substitute and no competitors. The seller enjoys the power of the setting of the prices according to his own wish.
There are several examples of the monopoly according to the different situations. The different examples of the monopoly structure considering the different possible areas are as given below.