As a patent expires, a firm's competitive structure can change from a monopoly to monopolistic competition.

Name: As a patent expires, a firm's competitive structure can change from a monopoly to monopolistic competition.
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When a patent expires, other firms can enter the market with similar or improved products, increasing competition and shifting the market structure from a monopoly, where one firm dominates, to monopolistic competition, where many firms compete with differentiated products.

As a Patent Expires, a Firm's Competitive Structure Can Change