Is it true that monopolies do not exist in our economy? Please explain

Answer 1

While we no longer have any true monopolies, we do have virtual or near monopolies.

http://247wallst.com/commodities-metals/2010/11/12/the-next-7-american-monopolies-nflx-siri-lulu-awk-fico-mcp-mon/

http://247wallst.com/investing/2011/03/22/the-new-generation-of-american-monopolies/

Answer 2

http://www.huffingtonpost.com/2011/03/24/the-new-generation-of-monopolies_n_840234.html