The document defines a monopoly as a situation where a single company or group owns nearly the entire market for a given product or service. It notes that under strict definitions, a monopoly contains only one firm. The document outlines some potential advantages of monopolies, such as stable prices and revenue for the government, but also significant disadvantages, like exploitation of consumers through higher prices, price discrimination, and inferior goods and services. It concludes that while monopolies can exist in limited scopes due to various exclusive rights, in the current globalized era almost no company has a total monopoly.

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

3. Topic: monopoly
behavior

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.

6. Advantages of monopoly
Stability of prices.
Source of revenue for the
government.
Massive profits.

7. Disadvantages of monopoly
Exploitation of consumers.
Dissatisfied consumers.
Higher price.
Price discrimination.
Inferior goods and services.

8. Do you have any
Question?

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.

10. THANKS TO ALL!