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They can be, but they don't have to be. "Evil" monopolies seek to control an industry by running their competitors out of business and then establishing inflated prices.
A monopoly is the control of a majority of an industry or enterprise. Municipal or regional monopolies for public utilities (water, natural gas, electrical power) are common, and sensible because you don't need or want multiple competitors. However, they are very often poorly regulated, and the consumer has few viable alternatives. And because the primary concern of many companies is a return (profit) for their investors, they can make decisions that are unwise or even harmful to consumers and the general economy.
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A natural monopoly would be the city's water company. There's only ever one water company in town because there's only one set of water pipes. So the water company is a monopoly, but they are usually not an evil one, largely because there are government agencies to keep them from becoming evil.
Wiki User
∙ 8y ago
Wiki User
∙ 11y agoIt is cursed by Satan himself
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Is monopoly better than monopoly express or monopoly express better than monopoly?
If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.
What are the four conditions in place in a perfectly competitive market?
the economy Major of those four are the natural monopoly. geographic monopoly, govrnement monopoly. technological monopoly.
How Indian railways as a monopoly?
it is a monopoly, and it's bad
What part of speech is the word monopoly?
Monopoly is a noun.
What date did monopoly come out?
Monopoly came out in 1935.
Why is monopoly evil?
You go to jail
Walmart is a big evil corporation?
Many believe it is. I don't think it is until it becomes a monopoly.
What has the author Hamer Stansfeld written?
Hamer Stansfeld has written: 'The monopoly in money, the mere instrument of exchange, a great social evil'
Kinds of monopoly?
There are many different types of Monopoly. I can name a few. : Monopoly Monopoly Spongebob Squarepants Edition Monopoly Disney Pixar Edition Monopoly Junior
Use monopoly in a sentence?
Jane has a monopoly in that area. Mary has a monopoly of banks.
Is monopoly better than monopoly express or monopoly express better than monopoly?
If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.
What is Spanish Monopoly?
Monopoly in spanish is...
What do you need for monopoly?
a game of monopoly
What are the the Monopoly characters?
monopoly man
What are some sentences using the word monopoly?
"Monopoly suppliers are publicly owned." "Monopoly of wisdom." "Monopoly of truth seems to threaten us."
What is a sentence of monopoly?
Monopoly is a board game.
How do you download Monopoly?
there a monopoly game in nick.com.
