GEMET
General
Multilingual
Environmental
Thesaurus
monopole
Definition

The market condition where a particular commodity or service has only one seller, either because the seller has exclusive possession of an essential input or because large economies of scale inhibit the entrance of a competitor into the market.

Definition is not available for the current language.

Related terms
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Other relations
Scope note

Scope note is not available.

Concept URL: http://www.eionet.europa.eu/gemet/concept/5357