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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.

Investopedia Says:
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.

Related Links:
Check out the history and reasons behind antitrust laws, as well as the arguments over them. Antitrust Defined


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Business Dictionary: Monopolist
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Firm or individual entrepreneur that is the sole producer of a good and so represents the entire market supply of that good.

 
 

 

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