Natural Monopoly Purely natural monopoly occurs where the economics of an industry Normally produce one agency dominating the business. Economies of scale and sole possession (or Command) of the all-natural useful resource are two common examples of normal monopoly.Basically, the present firms will no more be able to cost much more for their items.
You can find also a system of law often known as trade secrets. Although a company doesn't have a patent on an creation, competing firms aren't allowed to steal their secrets. A person famous trade magic formula is the formulation for Coca-Cola, which isn't secured underneath copyright or patent regulation but is just saved key by the business.On t
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