pure monopoly


A market in which one company has control over the entire market for a product, usually because of a barrier to entry such as a technology only available to that company.

Use pure monopoly in a sentence

You should try and figure out a way to break in to a pure monopoly and steal some of the market share.

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I have always been wishing that one day i will find a product that will make my company a pure monopoly in the whole world.

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In a free market economy, a pure monopoly happens commonly. with companies having the majority control over a market space, and therefore are price makers.

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