👉 "Unmonopolised" is a term used in business and economics to describe a situation where there are fewer competitors than there are products or services available for sale. In other words, it means that the market is dominated by one company or group of companies, which can lead to inefficiencies and potential monopolistic behavior. The term was first coined by economist Robert B. Merton in his 1972 paper "Monopolistic Competition and Private Enterprise," where he argued that in a
