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词汇 pure-monopoly
释义 pure monopoly
noun[ C or U ]
 ECONOMICSukus
a situation where one company has complete control of the supply of a product or service:
The Post Office has a pure monopoly on the delivery of letters, as no individual company would be able to compete.
High profits always attract competitors, so cases of pure monopoly are rare.

Examples of pure monopoly


pure monopoly
A puremonopoly has the same economic rationality of perfectly competitive companies, i.e. to optimise a profit function given some constraints.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The correct sequence of the market structure from most to least competitive is perfect competition, imperfect competition, oligopoly, and puremonopoly.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
Nonetheless, a puremonopoly can unlike a competitive company alter the market price for its own convenience: a decrease of production results in a higher price.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
There are many areas outside the field of puremonopoly where competition is far from perfect.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It is the fact that it is a puremonopoly that makes the real difficulty.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It is not as if the coal trade was a puremonopoly of this country.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
In other public industries—perhaps we could do with some scrutiny here—there is a puremonopoly.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I accept that in many cases we are concerned with oligopoly rather than puremonopoly.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
This is a puremonopoly.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
In fact, the nationalised industries are not pure monopolies.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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