Monopoly
id:
monopoly-189-16405215
title:
Monopoly
text:
A monopoly, as described by Irving Fisher, is a market with the "absence of competition", creating a situation where a specific person or enterprise is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market. Monopolies are thus characterised by a lack of economic competition to produce the good or service, a lac
brand slug:
wiki
category slug:
encyclopedia
description:
Market structure with a single firm dominating the market
original url:
https://en.wikipedia.org/wiki/Monopoly
date created:
2001-11-07T09:14:53Z
date modified:
2024-09-09T11:28:52Z
main entity:
{"identifier":"Q43637","url":"https://www.wikidata.org/entity/Q43637"}
image:
fields total:
13
integrity:
15