:Category:Monopoly (economics)

{{Commons category|Monopoly (economics)}}

{{Cat main|Monopoly}}

{{JEL code|D42, L12}}

Articles related to monopoly, the situation when a specific person or enterprise is the only supplier of a particular commodity. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market.{{Cite book

|last= Milton Friedman

|title= Capitalism and Freedom

|type= paperback

|edition= 40th anniversary

|date= February 2002 |orig-year= 1962

|publisher= The University of Chicago Press

|page= 208

|chapter= VIII: Monopoly and the Social Responsibility of Business and Labor

|isbn = 0-226-26421-1|title-link= Capitalism and Freedom

}} Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit.

Category:1 (number)

Category:Anti-competitive practices

Category:Imperfect competition

Category:Market structure