All of the following are used by firms or groups of firms to gain monopoly power except
A)buying sources of important inputs.
B)mergers.
C)creating a new patentable innovation.
D)licensing.
E)deregulation.

Question

Quizplus · Accepted Answer

Deregulation often leads to increased competition, rather than monopoly power, as it removes government barriers to entry and allows new firms to enter the market. The other options - buying sources of important inputs, mergers, creating a new patentable innovation, and licensing - are all strategies that can be used to gain monopoly power.

All of the Following Are Used by Firms or Groups