DEFINITION of 'Monopolist'

A person, group or organization with a monopoly. In other words, an individual or company that controls all of the market for a particular good or service.

BREAKING DOWN 'Monopolist'

A monopolist probably also believes in policies that favor monopolies since it gives them greater power. A monopolist has little incentive to improve their product because customers have no alternatives. Instead, their motivation is focused on protecting the monopoly.

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    The economic impact felt by local businesses when a large firm ...
  2. Monopolistic Competition

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  3. Monopoly

    A situation in which a single company or group owns all or nearly ...
  4. Price Fixing

    Establishing the price of a product or service, rather than allowing ...
  5. Natural Monopoly

    A type of monopoly that exists as a result of the high fixed ...
  6. Antitrust

    The antitrust laws apply to virtually all industries and to every ...
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