Why monopoly associations in such European countries as England France Belgium Holland

Why monopoly associations in such European countries as England France Belgium Holland Sweden formed more slowly than in the USA.

This is due to the fact that the United States pursued a policy of economic liberalism, that is, the state practically did not interfere in the economic environment, and also supported the competitive environment by all means. Thus, in conditions of competition, large monopoly associations appeared that seized the market. In this regard, Europe lagged behind because the countries did not support liberal policies in relation to the economy, that is, entrepreneurs did not have such freedoms.



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