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What is your personal definition of economic monopolies? Provide one recent monopoly and one recent antitrust...

What is your personal definition of economic monopolies? Provide one recent monopoly and one recent antitrust policy topic in the news, include the source link. Write a paragraph about the news topics.

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Answer #1

Economic monopolies is a type of market having one seller selling a product which is hus speciality and no one else can manufacture or sell that. This market is free from competition.

Recent news for monopoly policy is the commercial mining policy in India for coal. It is estimated that, this policy will not end coal India's monopoly but will increase competition. As, the cabinet committee of economic affair approved auction for coal blocks for commercial mining.

Seed and chemical firm merger faces antitrust constraint in America.

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