Question

Which best describes how the government sanctions technological monopolies?

Answer 1

By simply prohibiting others from entering the markets is the best example how the government sanctions technological monopolies.
This is to avoid  competitors and give the people no choice but to buy thier products

Answer 2

Answer

by issuing a patent for the technology

Explanation

A monopoly that occurs when a single firm controls manufacturing methods necessary to produce a certain product, or has exclusive rights over the technology used to manufacture it.

A technological monopoly is  a monopoly that occurs when a single firm controls manufacturing methods necessary to produce certain products. The government sanctions technological monopolies by issuing a patent for the technology. The of patent system  is to encourage the development of new inventions, and in particular to encourage the disclosure of those new inventions.