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Monopoly Power

Monopoly power means that a single company dominates and controls prices in an industry. Monopoly can be created by horizontal acquisitions and market share growth. Monopoly power also comes from the ownership of patents, copyright protection and/or the exclusive ownership of assets. In some situations, governments grant legal monopoly power to a business through nationalization of the enterprise or by granting government awarded franchises, contracts and licenses.



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Copyright © 2004-15 by D. J. Power (see his home page). PlanningSkills.COMsm is maintained by Alexander P. and Daniel J. Power. Please contact them at djpower1950@gmail.com with questions. See disclaimer and privacy statement. This page was last modified on December 8, 2015.
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