Monopoly
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- This article is about the monopolies in economics. For the Parker Brothers board game see Monopoly (game).
In economics, a monopoly (from the Greek monos, one + polein, to sell) is when a product or service can only be bought from one supplier. In many places, utilities such as telephone service or cable television are monopolies.
Different Market forms |
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Perfect competition • Monopolistic competition • Oligopoly • Oligopsony • Monopoly • Natural monopoly • Monopsony |