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Economics · Studypool

Real life monopoly (small task)

Overview

look at a real life monopoly (please be aware that there is no such real monopoly with 100% market share- so you can look for any firm that has over 25% market share -which is known as a legal monopoly).

find out the pricing strategy for this monopoly, does it have higher prices than its smaller rivals?

Write a short report explaining this.