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Term

monopoly

Term

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. (Source: ODE)

Synonyms:

Source:

GEMET - Environmental thesaurus

Context:

Comment

Definition source publication

Publication year

Definition source URL

http://www.eionet.europa.eu/gemet/aliss_scripts/concept/5357

Organisation

Organisation full name

Subjects

Long definition

Permalinks

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Permalink to latest version: 4aacaef3d299423a86cbeb36c38be952

For references, please go to https://www.eea.europa.eu/help/glossary/gemet-environmental-thesaurus/monopoly or scan the QR code.

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