monopoly

monopoly

a situation in which a single company or group owns all or nearly all of the market for a given type of product or service. By definition, monopoly is characterised by an absence of competition - which often results in high prices and inferior products (Dic)

In other languages:

  • monopolju [MT] - kontroll tas-suq billi l-produzzjoni jew il-konsum ta' oġġetti partikulari jkunu taħt idejn waħda (Mik)
  • monopolio [IT]
2018-09-19T11:31:41+00:00

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