monopoly business vs monopoly market

Both phrases are correct, but they have different meanings and contexts. 'Monopoly business' refers to a business that has a monopoly in a specific industry, while 'monopoly market' refers to a market where there is only one seller dominating the market. They are not directly comparable as they refer to different aspects of monopolies.

Last updated: March 27, 2024 • 727 views

This phrase is correct and commonly used to refer to a business that holds a monopoly in a specific industry.

"monopoly business"

This phrase is used to describe a business that has exclusive control over a particular market or industry, giving it the power to control prices and exclude competition.

Examples:

The company established a monopoly business in the telecommunications sector.
The government took action against the monopoly business to promote competition.
He built a monopoly business in the software industry.
The monopoly business faced antitrust investigations.
She inherited a monopoly business from her father.

Alternatives:

monopolistic business
dominant business
exclusive business
market-dominating business
industry-dominant business

This phrase is correct and commonly used to describe a market where there is only one seller dominating the market.

" monopoly market"

This phrase is used to refer to a market structure in which a single company or entity controls the supply of a particular product or service, leading to limited competition and potentially higher prices for consumers.

Examples:

The government intervened to break up the monopoly market in the energy sector.
The company cornered the market and created a monopoly market for its products.
Consumers suffered due to the lack of competition in the monopoly market.
The monopoly market faced regulatory scrutiny.
They exploited their position in the monopoly market to raise prices.

Alternatives:

monopolistic market
dominant market
exclusive market
single-seller market
market-dominating situation

How TextRanch works

Fast and reliable proofreading, editing, and language advice tailored to your needs.

1. Choose Your Service

Quick Text Editing

Emails and short texts
Proofreading & editing
Ready in 5-10 minutes

SUBMIT YOUR TEXT NOW

Document Editing

Documents of any type (*.docx)
Advanced & Premium editing
Ready in as little as 4 hours

UPLOAD YOUR DOCUMENT

Ask an Editor

Personalized answers to your language questions
Expert guidance on grammar, style, and usage
Ready in 24 hours

ASK YOUR QUESTION

Upload your document or paste your text directly into our platform. Your text is reviewed and refined by our expert editors (real people, not machines) who understand the nuances of English. Expect corrections, improvements, and insightful suggestions that enhance the clarity, tone, and professionalism of your writing.

3. Receive Your Polished Text

In just a few minutes (or hours for longer documents), you'll receive your corrected text. Review the changes, make any final adjustments, and confidently share your polished English with the world.
You can count on a personalized, friendly service every time you use TextRanch. We're committed to helping you make a great impression with every word you write.

We proofread and edit these types of texts and documents:

Short texts Business Emails Personal Emails Social media posts Resume and Curriculum Vitae Business documents Sales proposal Research and academic papers Thesis Dissertation Essays Articles Blog posts and much more....

Why choose TextRanch?

Complete Privacy

Your texts are safe and secure with us. We never share your information with third parties.

Affordable Pricing

No subscription fees and rates up to 50% cheaper than other online editing services.

100% Satisfaction

We guarantee that you'll be satisfied with the quality of our service or your money back.

Top Customer Service

Our team is here to help you with any questions you may have. Contact us anytime.

Our Customers Love Us!

We have an average rating of 4.79 stars based on 283125 votes, and

4.9 Excellent - Reviews 2.137

"7 years without any disappointment. Always 100% satisfied. You guys are the best in the world at what you do. Thank you so much :)"

Zubair
from Bangladesh

"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"

Arturo
from Mexico

"In a world of text messages and online communication, this is great to have as a live tool. Thank you."

Selena
from USA

"Wow, it's just so excellent. I never would have believed I could have a sure and excellent English companion. Thanks, TextRanch."

Ifiok
from Nigeria

"This is my first time using TextRanch, and I like how the editors take time to correct my text. To everyone who has never used TextRanch before, I highly recommend trying it."

Wilson
from France

"It is an amazing source of feedback because, as a non-native speaker, I really need to have a reliable helper correct my text."

Susan
from Germany

monopoly business vs monopoly market