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Microsoft and Google have both faced charges under anti-trust laws related to alleged “anti-competitive” behavior due to the fact that some parts of their business resemble monopolies. These businesses are both extremely profitable because they create tremendous value for their customers. Starting these businesses required unique knowledge, and immense creativity, tenacity, and tolerance for risk. It is not easy to create a monopoly.
Should monopolies be regulated by the government, or do the creators of these businesses deserve the large profits they earn because of difficulty of starting the businesses? Why or why not?
