a market in which there is only one producer or one seller. A company establishes a monopoly by entering a new market or eliminating all competitors from an existing market. A company that holds a monopoly has control of a market and is able to fix prices. For this reason, governments usually try to avoid monopoly situations. Some monopolies, however, such as government-owned utilities, are seen as beneficial to consumers.
Wiktionary Definition for: Monopoly
#A situation in which solely one company exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.
#An exclusive control over the trade or manufacture of a commodity
#A company dominating a market in one of the the above manners.
NEWTON, Mass.--BUSINESS WIRE--Aug. 20, 1998--Parable, an Internet multimedia company, today released MONOPOLYR Game Things, expanding its ongoing relationship with Hasbro to include a second major brand of the Pawtucket, RI-based company. Parable launched its relationship with Hasbro last fall by introducing FroggerR Things to support the release of Hasbro Interactive's...
NEWTON, Mass.--BUSINESS WIRE--Aug. 20, 1998--Parable, an Internet multimedia company, today released MONOPOLYR Game Things, expanding its ongoing relationship with Hasbro to include a second major brand of the Pawtucket, RI-based company. Parable launched its relationship with Hasbro last fall by introducing FroggerR Things to support the release of Hasbro Interactive's...
CANNES, France -- MFORMA Group Inc., a leading global publisher of mobile entertainment, and Atari, Inc. (Nasdaq:ATAR), a leading global publisher of video games, today announced the availability of a new wireless game based on Atari's Monopoly Tycoon, one of the most popular simulation PC games of all time. Monopoly...
PAWTUCKET, R.I. -- Hasbro, Inc. (NYSE:HAS) filed suit in U.S. District Court for the Southern District of New York late yesterday against RADGames of Peterborough, New Hampshire, manufacturer of a product called Super Add-OnsTM MONOPOLYR Version. The complaint alleges trademark and copyright infringement of Hasbro's MONOPOLYR game as the reasons...
OAK BROOK, Ill. -- As part of a move to market its french fries this year, McDonald's Corp. has set a new Monopoly promotion for March 6 through April 3. Customers will receive a game piece when they buy large fries, a large soft drink or hash browns. There will...
MEMPHIS, Tenn. -- FedEx Corp. (NYSE: FDX) today begins the coordinated shipping effort for the new MONOPOLY: Here & Now edition to retailers across the country. FedEx will leverage its extensive FedEx Ground network to deliver 164,000 games to 7,200 retailers in the United States.
Jun. 8--It's not the size of your monopoly that counts. It's how you use it. Jun. 8--It's not the size of your monopoly that counts. It's how you use it.
IRVINE, Calif. -- In an exclusive report, Redmond magazine looks at just what it would take to eliminate the Microsoft desktop monopoly -- a market where Windows, Office and Internet Explorer all have more than 90 percent market share.
Guests at a McDonald's restaurant in Los Angeles donned their thimbles and top hats to play McDonald's most popular promotional game. To introduce MONOPOLY Best Chance Game 2.0, now available at participating McDonald's until November 8, 2004 or while supplies last, the game was played on a life-sized MONOPOLY...
AS PART OF the Defense Authorization Bill for Fiscal Year 2002, the U.S. Senate approved a measure eliminating Federal Prison Industry's monopoly over defense contracts. The provision will allow private companies to compete with FPI on all products.
PITTSBURGH -- Any consumer knows it pays to shop, because competition lowers prices. But tell that to big broadcasters aiming to charge consumers monopoly rents.
BRUSSELS, Belgium--Mar. 31--France Telecom, France's state-owned telecommunications monopoly, is eyeing a linkup with Belgacom, Belgium's telecom monopoly, in another strategic alliance aimed at meeting U.S. competition when the European market is fullBRUSSELS, Belgium--Mar. 31--France Telecom, France's state-owned telecommunications monopoly, is eyeing a linkup with Belgacom, ...
The Microsoft antitrust case has occupied the attention of the Justice Department and legal system for untold thousands of hours and captured the attention of millions. Why isn't anyone addressing a real monopoly - in fact the biggest, most powerf The Microsoft antitrust...
Like Ruhrgas in Germany, Snam has had an uphill struggle to maintain is status as an Italian monopoly. Gazprom, a monopoly in Russia and in much of the CIS, has repeatedly asked Snam to increase its purchases of Russian gas. But Snam wants to diversifyLike Ruhrgas in...
Like Ruhrgas in Germany, Snam has had an uphill struggle to maintain is status as an Italian monopoly. Gazprom, a monopoly in Russia and in much of the CIS, has repeatedly asked Snam to increase its purchases of Russian gas. But Snam wants to diversifyLike Ruhrgas in...
Coca Cola produced by the central Bottling Company of Israel with an estimated 70 percent of the local cola market was declared a monopoly. Tempo which is also a monopoly in the beer market, holds the local Pepsi Cola franchise and Yafora-Tavori which Coca Cola produced by...