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Consisting of one seller for an entire product existing in a competitive arena where one company has control over the entire market for a product. One such monopoly for example would be the United States Postal Service (a government regulated monopoly existing in the private sector).

Even in a monopoly such as the U.S. Postal Service, specialized parcel shipping companies have found their way into this monopolized market to where they can sustain a profit and effectively compete. This is a factor inherent in all markets.

However, considering the effects of monopolistic competition, a market with complete control is still existant within the U.S. Postal Service. They are the ultimate processor of standard letter mail in the United States of America. Although, other companies have entered the market, they have yet to take control of this specialized sector of the segment allowing certain companies of a puremonopoly status to exist in perceived market competition.

Although some companies act as if they were puremonopoly, it is imperitive to understand that a puremonopoly market is the most rare of monopolies. Even if a monopoly seems to exist in puremonopoly, that may not be the case.

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