Home (Monopoly)


  » »


Business  Monopolies  Monopoly profit

Financial Terms Canada - monopoly
exclusive control or possession of something; "They have no monopoly on intelligence" ...

A monopoly exists where there is only one supplier of a product or service. This allows the supplier to charge higher prices than if there was competition.

A monopoly is when one company dominates the market for a particular good or service.

Natural Monopoly
David R. Henderson
The main kind of monopoly that is both persistent and not caused by the government is what economists call a 'natural' monopoly.

Related Category: Economics: Terms and Concepts
(mnp´l), market condition in which there is only one seller of a certain commodity; by virtue of the long-run control over supply, ...

Literally, "single seller." A situation in which a single firm or individual produces and sells the entire output of some good or service available within a given market.

control of the production and distribution of a product or service by one firm or a group of firms acting in concert.

Monopoly / Monopolistic Competitiion
The Monopoly application has the same average cost curve and marginal cost curves as the Perfect Competition application.

A monopoly is a market in which buyers are faced with only a single seller. The result is an absence of competition which can lead to high prices and inferior products. The opposite situation in which one buyer faces many sellers is a monopsony.

Monopoly profits
Definition: Supernormal profits earned by monopoly producers. They can also be called abnormal profits.
Related glossary term: ...

Natural Monopoly
Definition: Industry where the most efficient producer is a monopoly.

Is the game monopoly named monopoly? Read answer...
What is the legal term that describes the controlling body of a monopoly? Read answer...
Help us answer these: ...

buyer's monopoly
Definition 1.
A situation in which there is only one customer for a company's product. also called monopsony.

Monopoly market is one in which the leading company has at least 73.9% of the Market. See also: Market share.

When the production of a good or service with no close substitutes is carried out by a single firm with the MARKET POWER to decide the PRICE of its OUTPUT.

Monopoly A firm that has great control over the price of a good. In the extreme case, a monopoly is the only seller of a good or service.
Monopsonist A single buyer.

monopoly one firm in an industry selling a product for which there are no close substitutes. (10)
monopsony a situation in which there is a single buyer of a particular good or service in a given market. (12) ...

Monopoly - Exclusive control or possession by one group of the means of producing or selling goods or services.
More Flexible Exchange Rate System - The International Monetary Fund's name for a floating exchange rate system.

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.
Monte Carlo simulation ...

Monopoly - A situation in which one company or organisation has complete control of all, or nearly all, of the market for a particular type of product or service.

Mont Belvieu Propane
Moody's Seasoned Corporate Bond Yield ...

Monopoly - A market structure where there is one firm who dominates the industry. In the UK a monopoly is defined as when a firm controls more than 25% of the market.
Monopsony - A market with a single buyer or employer.

Pure Monopoly
Business / Finance / Pure Monopoly: A market in which only one firm has total control over the entire market for a product due to some sort of barrier to entry for other firms, often a patent held by the controlling firm. MORE ...

Legal monopoly
A government-regulated firm that is legally entitled to be the only company offering a particular service in a particular area.

Pure monopoly
A market in which only one firm has total control over the entire market for a product due to some sort of barrier to entry for other firms, often a patent held by the controlling firm.
Put Option ...

[edit] Monopoly rent
Some returns are associated with legally enforced monopolies like patents or copyrights. In addition, companies like Microsoft and Intel have important de facto monopolies that can be quite valuable.

Natural monopoly. A situation that occurs when one firm in an industry can serve the entire market at a lower cost than would be possible if the industry were composed of many smaller firms.

MONOPOLY PROFIT: Economic profit generated as a result of a firm's market control. It's termed monopoly profit as a reflection of the most prominent market structure with market control--monopoly.

monopolistic competition
asymmetrical information
downward sloping longrun average cost curve, ie. natural monopoly
price discrimination ...

Pure monopoly exists when there is only one supplier in the market. In practice significant monopoly power can be achieved through a large market share (25% or more).
Moores Law ...

Legal Monopoly
A company that is operating as a monopoly under a government mandate.

Bilateral Monopoly
A market with a single seller and a single buyer.

The state when a single company or person controls the market for a given service or product. In the UK, the Monopolies and Mergers Commissi...(Read more)
Moratorium ...

A list of high-quality debt and equity securities chosen by a state agency that are acceptable holdings for fiduciary institutions.
Legal monopoly ...

SEC mandate invites monopoly
See more articles mentioning "GAAP" or search FT.com
Related Terms ...

There are four main idealized market structures that have been used in trade theory: perfect competition, monopoly, oligopoly, and monopolistic competition.
Market value
See factor cost.
Marketing board ...

What Is a Price Discrimination Monopoly?
How Do I Create a Simple Workflow?
What Is an Advertising Medium?
How Do I Keep Up with Trends in International Trade?
What Is Strategic Media Planning?
What Is the Role of Community Development?

It may have the backing of the government, as is the case of a statutory monopoly like ESB.

monopolistic competition (1933) and by the British economist Joan Robinson (1933) in her Economics of Imperfect Competition (1933) to formalize an industry configuration which differs from the extreme situations of perfect competition and monopoly.

Includes what is termed "antitrust policy" in the United States and "antimonopoly policy" in most other countries, as well as regulation of state aids to industry .

COMPETITIVE POSITION: In basic cable it had traditionally held a near-monopoly position, especially considering it also owns one of the two satellite alternatives.

Although this is a monopoly in most countries, and is illegal, it is perfectly legal in international law. The exporters have done so to keep the price of oil fairly high.

When compared to a monopoly a cartel has less control and the reason behind this is that in a monopoly a single group or company owns almost all the product or service in the market.

Government monopoly
Government Motor Vehicle
Government Mule
Government Mule (band)
Government Museum
Government National Mortgage Association
Government National Mortgage Association
Government National Mortgage Association ...

(The scam occurred in 1720, when South Sea's stock soared in the wake of speculation and greed surrounding the monopoly the South Sea Company was perceived to have in the shipping and trade industries, ...

A cartel agreement is often accompanied by output and investment quotas. When a cartel gains monopoly power, it will normally seek to maximize profits by raising prices and limiting supply.

Domination by a single, like-minded governing elite of all (or virtually all) organized political, economic, social and cultural activities in a country by means of a single-party monopoly of power, ...

The properties in the board game Monopoly are named from streets in Atlantic City, NJ.
Quote of the day
Never give a party if you will be the most interesting person there.
Mickey Friedman ...

Chaebol dominate the Korean economy, growing out of the takeover of the Japanese monopoly of the Korean economy following World War II.

patent: a type of copyright granted as a fixed-term monopoly to an inventor by the state to prevent others copying an invention, or improvement of a product or process.

China's one-sixth share of world manufacturing means that in the areas where it competes-most obviously the final assembly of parts or materials from elsewhere-it dominates to the point of near monopoly.

Antitrust immunity is a government action that prevents companies in vital industries from a collapse by protecting them from anti-monopoly or anti-trust charges.

Best for the firms (both collectively and individually) is to cooperate, charge monopoly price, and split the profits.

It has had several complex buyouts, mergers and co-operations over the years but has remained strong as its own entity. Although it is not the leader in Asia anymore, it did have the monopoly during 1947 to 1969 period.

Perfect competition is characterized by a large number of buyers and sellers, all selling similar products or services, with free access to resources and easy market accessibility. It is the opposite of a monopoly or oligopoly.

Examples of illegal practices are price-fixing conspiracies, corporate mergers likely to reduce the competitive vigor of particular markets, and predatory acts designed to achieve or maintain monopoly power.

See also: See also: Index, Perfect competition, Population, Feedback, Sector

Business  Monopolies  Monopoly profit

RSS Mobile