The Impact of Corporate Monopolies on Market Competition and Economic Health
DOI:
https://doi.org/10.55439/GED/vol1_iss10/a505Keywords:
corporate monopolies, innovation, entrepreneurship, cost distribution, healthy competition, market power, corporate power, economic power.Abstract
This article critically examines the implications of corporate monopolies on market competition and economic
health. It explores the multifaceted problems arising from the dominance of a few corporations in various sectors, emphasizing
the consequences for consumer choice, pricing, innovation, and political influence. The article also provides a
forward-looking perspective, proposing potential solutions to mitigate the adverse effects of monopolistic practices.
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Published
2023-10-30
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