Outrageously Funny Word Dictionary :: Premonopolize

👉 In economics, a premonopolized market is a market where there are no existing dominant or powerful firms that can exert significant influence over prices and production. In other words, it refers to a market where all firms are small and do not have large enough resources to compete effectively against the larger firms. The term "premonopolized" implies that there is no established competitive landscape in which one firm is able to dominate or monopolize the market. This means that the market is dominated by a

premonopolized

👉 Premonopolize is a term used in economics and business to describe a situation where one company has a significant market share or control over another company. This means that the dominant company holds all of the goods, services, patents, copyrights, trademarks, licenses, or other rights needed to be successful. The premonopolistic company typically controls all of the production, distribution, and sales of its products, services, or technologies in a particular market. For example, Walmart is a premonopol

premonopolize