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USAntitrust Laws Are Designed to Prohibit Monopolization and Encourage Competition

Question 81

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U.S.antitrust laws are designed to prohibit monopolization and encourage competition.Why, then, does the government erect barriers to entry and create monopoly power by granting firms patents?

U.S.antitrust laws are designed to prohibit monopolization and encourage competition.Why, then, does the government erect barriers to entry and create monopoly power by granting firms patents?

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Patents are designed to encourage creati...

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