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Monopoly behavior
1.
2. Submitted to:
Sultana Shahida Abedin
Lecturer
Department of Bachelor of Business Administration
Green University of Bangladesh
Submitted by:
Emamul Haque
ID: 130120022
5th Semester
Department of English
4. What is monopoly?
A situation in which a single
company or group owns all or nearly
all of the market for a given type of
product or service.
5. According to a strict academic definition,
a monopoly is a market containing a
single firm. In such instances where a
single firm holds monopoly power, the
company will typically be forced to divest
its assets.
9. Although monopolies exist in varying degrees due
to copyrights, patents, access to materials,
exclusive technologies, or unfair trade practices
almost no firm has a complete monopoly in the era
of globalization.