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Yes, as in *one* entity dominates a market...
Posted on: November 17, 2020 at 18:18:22 CT
zounami MU
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through various tactics, and to such an extent that others cannot compete.
From the widely respected Investopedia:
https://www.investopedia.com/terms/m/monopoly.asp
What Is a Monopoly?
A monopoly refers to when a company and its product offerings dominate a sector or industry. Monopolies can be considered an extreme result of free-market capitalism in that absent any restriction or restraints, a single company or group becomes large enough to own all or nearly all of the market [...] for a particular type of product or service. The term monopoly is often used to describe an entity that has total or near-total control of a market.
Edited by zounami at 18:19:21 on 11/17/20
From the widely respected Investopedia:
https://www.investopedia.com/terms/m/monopoly.asp
What Is a Monopoly?
A monopoly refers to when a company and its product offerings dominate a sector or industry. Monopolies can be considered an extreme result of free-market capitalism in that absent any restriction or restraints, a single company or group becomes large enough to own all or nearly all of the market [...] for a particular type of product or service. The term monopoly is often used to describe an entity that has total or near-total control of a market.
Edited by zounami at 18:19:21 on 11/17/20
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Yes, as in *one* entity dominates a market... - zounami MU - 11/17 18:18:22