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Goshia [24]
2 years ago
10

How do monopolies and trusts differ?

Social Studies
1 answer:
oksian1 [2.3K]2 years ago
8 0
When a corporation eliminates its competition it becomes what is known as a "monopoly." Monopolies took several organization forms including what were known as trusts. Stockholders of several competing corporations turn in their stock to trustees in exchange for a trust certificate entitling them to a dividend.
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