A monopoly controls prices and availability in an industry.
A monopoly may impact an industry significantly, but there isn't other businesses within an industry when a true monopoly exists. A market leader is a business that may affect the prices within an industry.
Some degree of control is exerted by government regulatory agencies, but remember that we have a free enterprise economic system; the banking industry essentially controls itself.
A Monopoly
A command economy
The diamond company monopoly can limit competition, control prices, and restrict supply in the global diamond industry and market. This can lead to higher prices for consumers and less innovation in the industry.
Monopoly ~ APEX :)
monopoly
No
Price and availability in an industry are typically influenced by the interaction of supply and demand forces. Factors such as production costs, competition, government regulations, and consumer preferences also play a role in determining prices and availability of goods and services. Ultimately, the market dynamics determine the equilibrium price and availability levels in an industry.
A monopoly controls an industry
A market in which no one controls the prices is called
A market in which no one controls the prices is called
A monopoly, hence anti-trust and competition legislations
A monopoly may impact an industry significantly, but there isn't other businesses within an industry when a true monopoly exists. A market leader is a business that may affect the prices within an industry.
controls an industry
controls an industry
Monopoly