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QuizLong Text

Government and the Economy

Question 1 • FL-2106010-M/J Civics B

When is a business considered to have gained illegal monopoly power?

Answer

Answer:

A business is considered to have gained illegal monopoly power when it obtains or maintains control of a market through anticompetitive actions that unfairly exclude competitors or prevent competition. A large market share by itself is not necessarily illegal.

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