natural monopoly

English

Noun

natural monopoly (plural natural monopolies)

Control over the market for a product which occurs when a firm gains large benefit from economies of scale, or from a superior business model or product, and is thus able to produce a very large percentage of the total market demand for a given product and unintentionally exclude meaningful competition via price structures.

Translations

type of monopoly

Catalan: monopoli natural (ca) m
Finnish: luonnollinen monopoli (fi)
Georgian: ბუნებრივი მონოპოლია (bunebrivi monoṗolia)
Russian: есте́ственная монопо́лия f (jestéstvennaja monopólija)
Tagalog: likas na sarilakal

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