breaking up monopolies

Breaking up monopolies involves dividing a large company that dominates a market into smaller, independent entities. This process aims to foster competition, which can lead to better prices, improved services, and innovation. When one company controls an entire market, it can set prices unfairly and stifle competitors. By splitting up such a company, regulators prevent abuse of power and promote a healthier, more competitive economic environment where multiple businesses can succeed, benefiting consumers with more choices and fairer prices.