[Python] How come an abstract base class in python can be instantiated?

It is very surprising to me that I can instantiate an abstract class in python:

from abc import ABC

class Duck(ABC):
def __init__(self, name):
self.name = name

if __name__=="__main__":
d = Duck("Bob")
print(d.name)


The above code compiles just fine and prints out the expected result. Doesn't this sort of defeat the purpose of having an ABC?

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