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-Potential for inefficiency   (the old way of doing things may become less effective and slow down company growth)
-Less choice and potential for supply to be limited (If you run out, it's out because you are the only supplier.)
-Exploitation of consumer- higher prices (EpiPens)

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-It encourages innovation (other companies developing similar products but innovating slight changes)
-Encourages research and development (the monopoly company wants to stay on top so it researches ways to stay superior with its special item(s).)
-When somebody needs your product, they go to you. (supply and demand)(Versus going to Walmart, Target or Walgreens to get the same products).

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Because it owns the copyright for all Star Trek motion pictures, syndicated television, and merchandise

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-The market has only one seller
-The product sold has no close substitutes
-There are significant barriers to enter or exit the market
-If there is a patent or a copyright it is a monopoly