monopoly
monopoly/məˈnɒp(ə)li/
noun
- the exclusive possession or control of the supply of or trade in a commodity or service."the state's monopoly of radio and television broadcasting"
- a board game in which players engage in simulated property and financial dealings using imitation money. It was invented in the US and the name was coined by Charles Darrow c. 1935.
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What Is a Monopoly? ... A monopoly is a dominant position of an industry or a sector by one company, to the point of excluding all other viable competitors.
A monopoly is a structure in which a single supplier produces and sells a given product or service. If there is a single seller in a certain market and there ...
Definition: A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no ...
monopoly · 1 : exclusive ownership through legal privilege, command of supply, or concerted action · 2 : exclusive possession or control no country has a monopoly ...
3 Jan 2002 · Monopoly is a situation where there is a single seller in the market. In conventional economic analysis, the monopoly case is taken as the polar ...
monopoly · an exclusive privilege to carry on a business, traffic, or service, granted by a government. · the exclusive possession or control of something.
27 Oct 2021 · monopoly | Business English ... a situation in which one company or person or a government has no competition in the sale of a particular product ...
A monopoly is a specific type of economic market structure. A monopoly exists when a specific person or enterprise is the only supplier of a particular good. As ...
Monopoly – definition · pure monopoly means a single seller with no competitors. · Monopoly power is the extent to which a firm can influence and even 'set' the ...
A monopoly implies an exclusive possession of a market by a supplier of a product or a service for which there is no substitute. In this situation the supplier ...
The antitrust laws prohibit conduct by a single firm that unreasonably restrains competition by creating or maintaining monopoly power.
A monopoly is a business that is effectively the only provider of a good or service, giving it a tremendous competitive advantage over any other company that ...
monopoly in American English · 1. exclusive control of a commodity or service in a given market, or control that makes possible the fixing of prices and the ...
The Supreme Court has defined market power as "the ability to raise prices above those that would be charged in a competitive market," and monopoly power as " ...
25 Jun 2015 · Examination of key antitrust law opinions, however, shows that courts define 'market power' and 'monopoly power' in ways that are both vague ...
What is a Monopoly? A monopoly is a term used to refer to a market structure, where one entity, like a company, dominates the ...
Definition: Monopoly is the market condition where a single supplier dominates the market for a given product. In other words, you can only buy a product ...
9 Nov 2016 · Irving Fisher (1923), once defined monopoly simply as an 'absence of competition'. From this point of view various attitudes to, ...
What is a Monopoly. When looking at the causes of monopoly, it is important to first define what it is. The term monopoly originates from the Ancient Greek ...
Paul M. Sweezy; On the Definition of Monopoly, The Quarterly Journal of Economics, Volume 51, Issue 2, 1 February 1937, Pages 362–363, ...
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