as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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find an example of a company that has significant market power.
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apple inc. is an example of a company that has significant market power. with its strong brand recognition and sizeable market share, it has been able to effectively set higher prices and outcompete its competitors in a number of industries.
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