What measures do monopolies take after deregulation, in an open market mode?

Monopoly refers to a market competition where there is a single seller selling the goods and service which has no close substitutes.

Deregulation occurs when there is a reduction in the government authorities and the removal of entry barriers from the market.

When there is deregulation in monopoly, it increases the competition in the market. Measures which are taken by the monopolies include:

1. Increasing advertisements for their products so that they can retain the customer base.

2. Adding value to the existing products such as new features, usage, size, and many others.

3. Setting prices according to the market behaviour and competitors in the market.

4. In some cases, they may also charge high prices as there is no regulating authority.