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  2. 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 ...

  3. 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.

  4. 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.

  5. Monopoly price - Wikipedia

    en.wikipedia.org/wiki/Monopoly_price

    [13] A monopoly possesses a substantial amount of market power, however, it is not unlimited. A monopoly is a price maker, not a price taker, meaning that a monopoly has the power to set the market price. [14] The firm in monopoly is the market as it sets its price based on their circumstances of what best suits them.

  6. Rent-seeking - Wikipedia

    en.wikipedia.org/wiki/Rent-seeking

    The term monopoly privilege rent-seeking is an often-used label for this particular type of rent-seeking. Often-cited examples include a lobby that seeks economic regulations such as tariff protection, quotas, subsidies, [ 21 ] or extension of copyright law. [ 22 ]

  7. 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.

  8. Market power - Wikipedia

    en.wikipedia.org/wiki/Market_power

    The emergence of oligopoly market forms is mainly attributed to the monopoly of market competition, i.e., the market monopoly acquired by enterprises through their competitive advantages, and the administrative monopoly due to government regulations, such as when the government grants monopoly power to an enterprise in the industry through laws ...

  9. Natural monopoly - Wikipedia

    en.wikipedia.org/wiki/Natural_monopoly

    A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors. Specifically, an industry is a natural monopoly if the total cost ...