The pros were that you were being protected by the guild in case of something bad happening you like getting hurt or similar. They would help you and your family for example. The cons were that you wouldn't be able to dictate the price of your wares which was done to prevent exploitation of consumers, so even if you were in a position to establish a personal monopoly, you couldn't and you couldn't become richer than what is the adequate wealth for a merchant.
...Charged very high prices to move farm products to market
The farmers felt the railroads had monopoly power over them. The farmers essentially had no choice but to send their crops to market on trains. There was not much, if any, competition on most short-line tracks that went through farm areas. Therefore, most farmers had to simply accept whatever price railroads charged to transport crops. Farmers felt the railroads could gouge them by charging high prices and that they, the farmers, had no recourse when this happened. They blamed much of their trouble on this monopoly power.
Challenges that Italy faced after unification.
Following Italy unification in 1861 the nation suffered from economic imbalance between north and south, the absence of education systems, lack of raw materials and the great cost of unification itself. Italy faced this challenges but still made great development progress in the future years.