Antitrust legislation has eliminated all monopolies including the temporary monopolies,such as those created through patent protection.

Question

Quizplus · Accepted Answer

Antitrust legislation aims to eliminate and prevent the formation of dominant monopolies that can harm competition and consumers. However, temporary monopolies granted through patents are allowed as a means of incentivizing innovation and the creation of new ideas. Therefore, antitrust legislation does not eliminate temporary monopolies created through patent protection.

Antitrust Legislation Has Eliminated All Monopolies Including the Temporary Monopolies,such