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Ayush Maurya

AI Pioneer • 5m

One smart way to end monopoly or duopoly ??

7 Replies

Replies (7)

SHIV DIXIT

CHAIRMAN - BITEX IND... • 5m

Impose tax on them and give grant's to small companies

1 Reply

Samrat Kesharwani

19 | Founder & CEO @... • 5m

very hard fr ....... maybe don't get in that field is best ....if u r small entrepreneur once you're big then compete ig ...... u need to be elon musk to compete and win....also it requires a lot of innovation to beat ....ppl with innovation

1 Reply

Harshit Kumar

Founder at Munchkin ... • 5m

One of the best possible ways to control monopoly or duopoly is government intervention. Any particular domain should have at least one PSU to control or break the cartel. However this is only theoretically possible as the people running the government shake hands with businesses for their personal gain and indirectly the whole scenario turns into chrony capitalism. As companies under government undertaking are highly influenced by government, they take unhealthy decisions intentionally to pass on all the gain to privately formed cartels(monopoly or duopoly). One of the best examples is BSNL. BSNL could've been used to control the doupoly but everybody is aware of the current scenario. Conclusion: choosing the right government can control the monopoly or duopoly.

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