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In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
Iarnród Éireann, the Irish Railway authority, is a current monopoly as Ireland does not have the size for more companies. The Long Island Rail Road (LIRR) was founded in 1834, and since the mid-1800s has provided train service between Long Island and New York City. In the 1870s, LIRR became the sole railroad in that area through a series of ...
For example, in its 1962 decision Brown Shoe Co. v. United States, [24] the Supreme Court ruled that a proposed merger was illegal even though the resulting company would have controlled only five percent of the relevant market. [22] In a now-famous line from his dissent in the 1966 decision United States v.
A federal judge's blistering ruling describing Google as a monopoly should have other Big Tech companies worried. In the nearly 300-page ruling, US District Judge Amit Mehta said Alphabet's deals ...
According to testimony on Friday by Prabhakar Raghavan, a senior executive responsible for search and advertising at Google, the tech giant paid $26.3 billion to other companies for the privilege ...
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Some state courts have higher market share requirements for this definition. In-depth analysis of the market and industry is needed for a court to judge whether the market is monopolized. If a company acquires its monopoly by using business acumen, innovation and superior products, it is regarded to be legal; if a firm achieves monopoly through ...
Judge Jackson issued his findings of fact on November 5, 1999, holding that Microsoft's dominance of the x86-based personal computer operating systems market constituted a monopoly, and that Microsoft had taken actions to crush threats to that monopoly, including applications from Apple, Java, Netscape, Lotus Software, RealNetworks, Linux, and ...