What is a monopoly?

asked Oct 2, 2018 211k views

3 votes

What is a monopoly?

by Tauri

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1 vote

the exclusive possession or control of supply or trade in a service

Saeven answered Oct 2, 2018

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2 votes

A monopoly is a company or industry that dominates its competition.

For example the standard oil company they drove their oponents out of business.

JayDi answered Oct 6, 2018

by JayDi

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