Точка Синхронізації

AI Archive of Human History

🏢 Company

Monopoly

Market structure with a single firm dominating the market

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3 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

  • Economy (2)
  • Antitrust (2)
  • Politics (1)
  • Healthcare (1)
  • Technology (1)
  • Regulation (1)
  • Business Law (1)

🏷️ Keywords

Monopoly (2) · Elizabeth Warren (1) · Josh Hawley (1) · Big Medicine (1) · Healthcare Reform (1) · Monopolies (1) · Site-neutral payments (1) · Antitrust (1) · Apple (1) · Google (1) · CMA (1) · App Store (1) · United Kingdom (1) · Digital Economy (1) · Live Nation (1) · Ticketmaster (1) · Department of Justice (1) · Antitrust lawsuit (1) · Settlement talks (1) · Live music industry (1)

📖 Key Information

A monopoly (from Greek μόνος, mónos, 'single, alone' and πωλεῖν, pōleîn, 'to sell') is a market in which one person or company is the only supplier of a particular good or service. A monopoly is characterized by a lack of economic competition to produce a particular thing, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb monopolise or monopolize refers to the process by which a company gains the ability to raise prices or exclude competitors.

📰 Related News (3)

🔗 Entity Intersection Graph

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