Monopoly

From Wikipedia, the free encyclopedia
Jump to: navigation, search
This article is about the monopolies in economics. For the Parker Brothers board game see Monopoly (game).

In economics, a monopoly (from the Greek monos, one + polein, to sell) is when a product or service can only be bought from one supplier. In many places, utilities such as telephone service or cable television are monopolies. The market is owned/dominated mainly by one company.

Many countries, including the United States, have laws to stop companies from having a monopoly.

Other pages[change | change source]