When we talk about market structure (perfect competition vs monopoly or
oligopoly), there are many variations we see in the real world. If a
company can achieve a monopoly providing a product, they may be able to
raise prices and capture more surplus on the producer side. Excluding
those products or services where the government has granted a monopoly
privilege, (like the utilities companies, DMV, etc), give an example of a
company that has created a competitive monopoly with a product or
service. How do they do it? What is the impact on the consumer?
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