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Concept information

Preferred term

monopoly  

Definition

  • Monopoly is the condition under which a single seller sets prices in a market. This condition opposes that of perfect competition, where sellers have no pricing power. [Source: Encyclopedia of Health Care Management; Monopoly]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-TM0X345D-H

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