Past abuses include milk prices and garbage hauling. The other has to do with monopolization, or the abuse of monopoly power. Having a monopoly isn t the problem. It s using that monopoly power to maintain or enhance your monopoly. Test is slippery.
Monopolists are lazy.
Products they produce aren t as innovative. You can overcharge without fear of losing market share. You are likely to get close to the maximum people are willing to pay. Abusive business practices to maintain monopoly. Monopolist could use power to get exclusive contracts with retailers in order to keep competitors out of the market.