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Coup of 18–19 Brumaire, (November 9–10, 1799), coup d'état that overthrew the system of government under the Directory in France and substituted the Consulate, making way for the despotism of Napoleon Bonaparte. The event is often viewed as the effective end of the French Revolution.
Answer:
Monopolies hinder competition because by definition, they are anti-competitive.
Explanation:
A monopoly is a firm that is the sole provider of a good for which there are no close substitutes.
Monopolies charge higher prices than they would in a competitive enviroment, and for this reason, they benefit the monopoly at the expense of the consumers.
Governments can set several policies to reduce monopoly power. One policy is simply to prohibit monopolies from forming, which is the case for most industries in developed nations.
Another policy is to simply take over the monopoly, and make it a public enterprise, so that the extra economic benefits of the monopoly are shared with the people (at least in theory).
