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 • 624 views

monopoly business

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

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

monopoly market

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

What Our Customers Are Saying

Our customers love us! We have an average rating of 4.79 stars based on 283,125 votes.
Also check out our 2,100+ reviews on TrustPilot (4.9).

"Thank you!"
Sachi Nakama July 2024
"I have literally been through chat, PI, claude, bard and bing and I got conflicting answers! Thank you! Human intelligence reigns!"
Retha July 2024
"Faster than AI"
CYNTHIA December 2023
"This was very helpful and I personally think this site is the best."
Kaden October 2023
"It was extremely thorough and very helpful!"
imperialelisa October 2023
"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 Alam October 2023
"In a world of text messages and online communication, this is great to have as a live tool. Thank you."
Selena October 2023
"Without textranch I would be stuck!"
宏祐 October 2023
"Accuracy and fast response. Personal comments from editor. Thank you."
Clh September 2023
"I wasn't aware of this service, it's fascinating and more reliable than standard IA tools available on the internet"
Arturo September 2023
"The fact that you can get reliable fast feedback on your texts."
Vinicius Antonio August 2023
"you guys are better than grammarly i'm being honest here"
ordinary July 2023
"OMG! This is really good than any other text correction tools I've used so far. Highly recommend this."
Vehan July 2023
"Very fast and accurate. thank you."
mojtaba July 2023
"I love this app because it's help to writing skills all of students ♥️"
Tarisini July 2023
"This was exactly the mistake I was looking for, the wording dind´t sound right at first. Better than grammarly!"
Ente July 2023
"The immediate help that I received was reassuring and very satisfactory. Thanks."
priiiyanshuu July 2023
"this helps A LOT for my studies."
kathnunez02 June 2023
"Woow!! I would never have expected such precision! Thank you soooo much!!"
Berta June 2023
"Real Time Editor and not AI. Many Thanks."
Priya June 2023
"The very first thing excites me about Textranch is how much your editors care."
sepideh June 2023
"The fact that texts are checked by human editors rather than by AI, etc. I appreciate this!"
Анна June 2023
"Feel welcome, immediate response, high quality feedback"
martin.roy June 2023
"This is the best app that I have ever seen"
Burulai May 2023

monopoly business vs monopoly market