Monopolies are the only provider, they can set pretty much any price they choose, regardless of demand, because they know the consumer has no choice. They can also supply inferior products
The Republican minority in Congress complained that the Sedition Act violated the First Amendment to the Constitution, which protected freedom of speech and freedom of the press. But the Federalist majority pushed it through, arguing that English and American courts had long punished seditious libel under common law, and that freedom of speech must be balanced with an individual’s responsibility for false statements.
A non living component in the environment
