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monopoly firm

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  • Monopoly profit — Contents 1 Monopoly Profit Basic Definition 2 Persistence 3 Government intervention 4 Footnotes 5 …   Wikipedia

  • Monopoly (game) — Monopoly The Monopoly Logo Designer(s) Elizabeth Magie Louis Fred Thun[1] Charles Darrow Publisher(s) …   Wikipedia

  • Monopoly law — Being one of three categories of a competition law, a law regulating dominance and monopoly prevents firms from using their market power to damage the interests of consumers. Other two legal categories not covered here are collusion and cartel… …   Wikipedia

  • Monopoly — This article is about the economic term. For the board game, see Monopoly (game). For other uses, see Monopoly (disambiguation). Competition law Basic concepts …   Wikipedia

  • monopoly and competition — ▪ economics Introduction       basic factors in the structure of economic markets.In economics monopoly and competition signify certain complex relations among firms in an industry. A monopoly implies an exclusive possession of a market by a… …   Universalium

  • monopoly — Absolute control of all sales and distribution in a market by one firm, due to some barrier to entry of other firms, allowing the firm to sell at a higher price than the socially optimal price. Bloomberg Financial Dictionary * * * monopoly… …   Financial and business terms

  • Monopoly — A situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterized by an absence of competition, which often results in high prices and inferior… …   Investment dictionary

  • monopoly — monopoloid, adj. /meuh nop euh lee/, n., pl. monopolies. 1. exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. Cf. duopoly, oligopoly. 2. an exclusive privilege to… …   Universalium

  • monopoly — /manop(a)ly/ A privilege or peculiar advantage vested in one or more persons or companies, consisting in the exclusive right (or power) to carry on a particular business or trade, manufacture a particular article, or control the sale of the whole …   Black's law dictionary

  • monopoly — /manop(a)ly/ A privilege or peculiar advantage vested in one or more persons or companies, consisting in the exclusive right (or power) to carry on a particular business or trade, manufacture a particular article, or control the sale of the whole …   Black's law dictionary

  • monopoly — In general terms, monopoly refers to exclusive possession or control of some resource by a single actor or group of actors. In an economic context, it refers to market concentration and imperfect competition; that is, the dominance by one firm of …   Dictionary of sociology

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