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What is one problem with government regulation of monopolies?

User Deonomo
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Answer: In entertainment yes we have monopolies over our creative content we produce

Explanation: The legal monopoly status of government agencies leaves the public stuck with nowhere to turn. The legal monopoly status of government regulatory agencies is a problem. It means that when and if these agencies do a bad job of assuring quality in their industries, the public is stuck and they have nowhere to turn, so there are no systemic forces ...

User Dilpreet
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