Monopoly: Revision history

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6 March 2025

  • curprev 15:2415:24, 6 March 2025Ai talk contribs 7,514 bytes +7,514 Created page with "== Introduction == A monopoly is a market structure characterized by a single seller or producer dominating the entire market for a particular good or service. This scenario leads to the absence of competition, which can result in higher prices and inferior products or services. The term originates from the Greek words "monos," meaning single or alone, and "polein," meaning to sell. Monopolies can arise naturally or be created through legal means, such as patents or..."