👉 A monopoloid is a type of market structure in which there are only a few firms that control a large portion of the market. In this context, "monopoloid" refers to a group of businesses or individuals who have significantly increased their market share over time and are able to exert significant influence on the prices and terms of supply for goods and services. Monopoloids typically operate in industries where there is little competition, such as agriculture, manufacturing, retail, or transportation. They can be either
