One general policy option to deal with a monopoly that obtains its position through anticompetitive actions,exhibits economic inefficiency,and is long lasting is to break up the firm.

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Breaking up the firm is a common policy option to deal with a monopoly that can harm competition, consumers, and economic efficiency. This policy is supported by the antitrust laws that aim to promote competition and prevent monopolies from dominating the market. By breaking up the firm into smaller and more competitive units, the government can create a more level playing field and stimulate innovation, investment, and better prices for consumers. However, breaking up a firm is not always the best policy option, and other remedies, such as fines, injunctions, and structural reforms, may also be appropriate depending on the specific circumstances of the case.

One General Policy Option to Deal with a Monopoly That