RELATIVE ADVANTAGES AND DISADVANTAGES OF A MONOPOLISTIC MARKET STRUCTURE

In this article, we will analyze and examine the role of pure monopoly in society, its positive and negative effects on consumers, and the impact of monopolistic entities on key macroeconomic indicators such as gross domestic product, inequality, and other important economic factors. The goal of this study is to draw a final conclusion regarding the influence of monopoly on the market and the economy, as well as to identify ways in which antitrust authorities can effectively control its negative effects.