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Monopoly

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Q: What is it called when a business has complete control over an industry?
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When business gains complete control of an industry it is called?

When business gains complete control of an industry it is called a monopoly. In the United States, monopolies are illegal by statute.


What is it called when a company has complete control of an industry or service?

Sounds like a monopoly to me.


What does a business have if they have complete control of the supply of a product?

A business that you have described here could be called a monopoly.


What is a business that produces goods or services called?

A business that produces goods or services is called an industry.


When government takes control of industry it is called?

nationalization


Gaining almost total control of an industry called?

Monopoly.


What is a hotel industry called?

Hotel industry is one of the biggest industry in business transaction. It is also one of the largest job maker.


What transaction takes place in acquisition of an equity?

The acquired company does not go out of business. The acquiring company (now called the parent) usually has complete control of the acquired company (now called the subsidiary).


Medium scale industry definition?

When a business starts out small and grows steadily by setting aside money for needed equipment, buildings, and additional employees, it eventually grows too large to be called a small business, but hasn't yet grown enough to be called a large business. This type of business is called a medium scale business or industry.


The economic policy of giving business total control of its development is called?

The economic policy of giving business total control of its development is called laissez-faire.


What is it called when a single company is strong to control an entire industry?

A monopoly


What type law regulates industry business and individuals?

The type of law that regulates business industry and individuals is called Companies Law. This law covers almost every type of business, corporations and partnerships.