Concept information
Preferred term
monopoly power
Definition(s)
- Monopoly describes a market form where the supply of a product comes from a single seller. The monopolist restricts production, sets the price of the product higher, and earns greater profits when compared to a competitive market. [Source: Encyclopedia of Sports Management and Marketing; Monopoly Power]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-FZ2SZKW3-3
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