Railroad Monopolies A monopoly is when one person or group has exclusive control over something. A modern day example of a monopoly is Microsoft. Microsoft completely dominated the computer market by using their dominance and billions of dollars from the personal operating systems and business applications to develop products for multimedia, business operating systems, and now even games and on-line services. People in the late in 1800s dominated and abused other things, such as railroads. …
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showed last 75 words of 1463 total
…high and outrageous prices or drive a lot farther for gas somewhere else that is a little bit cheaper. Monopolies both present and past, are bad for everyone except the elite members of the company. The railroad monopolies caused nothing but trouble for millions of people across the Western United States. Even a war only stopped the railroads for a short time. This just goes to show you that it's all about the Benjamin's baby.