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  2. Coercive monopoly - Wikipedia

    en.wikipedia.org/wiki/Coercive_monopoly

    A coercive monopoly is not merely a sole supplier of a particular kind of good or service (a monopoly), but it is a monopoly where there is no opportunity to compete with it through means such as price competition, technological or product innovation, or marketing; entry into the field is closed. As a coercive monopoly is securely shielded from ...

  3. Monopoly - Wikipedia

    en.wikipedia.org/wiki/Monopoly

    A monopoly has considerable although not unlimited market power. A monopoly has the power to set prices or quantities although not both. [37] A monopoly is a price maker. [38] The monopoly is the market [39] and prices are set by the monopolist based on their circumstances and not the interaction of demand and supply. The two primary factors ...

  4. Monopolization - Wikipedia

    en.wikipedia.org/wiki/Monopolization

    Monopolization is defined as the situation when a firm with durable and significant market power. For the court, it will evaluate the firm’s market share. Usually, a monopolized firm has more than 50% market share in a certain geographic area. Some state courts have higher market share requirements for this definition.

  5. State monopoly - Wikipedia

    en.wikipedia.org/wiki/State_monopoly

    A state monopoly can be characterized by its commercial behavior not being effectively limited by the competitive pressures of private organisations. [1] [2] This occurs when its business activities exert an extensive influence within the market, can act autonomously of any competitors, and potential competitors are unable to successfully compete with it.

  6. United States antitrust law - Wikipedia

    en.wikipedia.org/wiki/United_States_antitrust_law

    Such laissez-faire advocates suggest that only a coercive monopoly should be broken up, that is the persistent, exclusive control of a vitally needed resource, good, or service such that the community is at the mercy of the controller, and where there are no suppliers of the same or substitute goods to which the consumer can turn.

  7. Monopoly on violence - Wikipedia

    en.wikipedia.org/wiki/Monopoly_on_violence

    Weber claims that the state is the "only human Gemeinschaft which lays claim to the monopoly on the legitimate use of physical force. As such, states can resort to coercive means such as incarceration, expropriation, humiliation, and death threats to obtain the population's compliance with its rule and thus maintain order.

  8. Small but significant and non-transitory increase in price

    en.wikipedia.org/wiki/Small_but_significant_and...

    In 1982 the U.S. Department of Justice Merger Guidelines introduced the SSNIP test as a new method for defining markets and for measuring market power directly. In the EU it was used for the first time in the Nestlé/Perrier case in 1992 and has been officially recognized by the European Commission in its "Commission's Notice for the Definition of the Relevant Market" in 1997.

  9. Government-granted monopoly - Wikipedia

    en.wikipedia.org/wiki/Government-granted_monopoly

    In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.