Public policies towards monopoly in the United States consists of:

Question

Quizplus · Accepted Answer

The most common and effective public policy towards monopolies in the United States is through regulation of natural monopolies. Natural monopolies, such as utility companies, have economies of scale that make it more efficient and cost-effective to have only one provider. However, these companies are still subject to government regulation to ensure that they provide fair prices and services. Outlawing all monopolies or forcing them to become perfectly competitive may not be possible or practical, and government takeover based on profit levels goes against principles of free market competition. Therefore, regulation of natural monopolies is the most sensible approach.

Public Policies Towards Monopoly in the United States Consists Of