What is an antonym for monopoly?

monopoly. Antonyms: participation, partnership, community, competition, free-trade. Synonyms: privilege, engrossment, appropriation, exclusiveness, preoccupancy, impropriation.

What is the polar opposite of a monopoly?

Monopoly is a situation where there is a single seller in the market. In conventional economic analysis, the monopoly case is taken as the polar opposite of perfect competition.

What is monopoly and oligopoly?

A monopoly and an oligopoly are market structures that exist when there is imperfect competition. A monopoly is when a single company produces goods with no close substitute, while an oligopoly is when a small number of relatively large companies produce similar, but slightly different goods.

What model of competition would be considered the opposite of monopoly?

Perfect competition is theoretically the opposite of a monopoly, in which only a single firm supplies a good or service and that firm can charge whatever price it wants since consumers have no alternatives and it is difficult for would-be competitors to enter the marketplace.

What is the best antonym for monopoly?

antonyms for monopoly

  • distribution.
  • joint-ownership.
  • scattering.
  • sharing.

What is another name for monopoly?

What is another word for monopoly?

syndicate consortium
domination holding
ownership patent
copyright corner
oligopoly proprietorship

What is the opposite of a natural monopoly?

There is an “oligopoly”, which is the dominating of the market by a select few businesses.

What is an example of oligopoly?

National mass media and news outlets are a prime example of an oligopoly, with the bulk of U.S. media outlets owned by just four corporations: Walt Disney (DIS), Comcast (CMCSA), Viacom CBS (VIAC), and News Corporation (NWSA).

What is the difference between oligopoly and oligopolistic?

Monopoly and oligopoly are economic market conditions. Monopoly is defined by the dominance of just one seller in the market; oligopoly is an economic situation where a number of sellers populate the market.

What is an oligopoly and give an example?

Oligopoly arises when a small number of large firms have all or most of the sales in an industry. Examples of oligopoly abound and include the auto industry, cable television, and commercial air travel. Oligopolistic firms are like cats in a bag.

What is the opposite of competition?

What is the opposite of competition?

accord agreement
cordiality reconcilement
rapprochement propitiation
placation unity
pacifism togetherness

What is another synonym for monopoly?

In this page you can discover 28 synonyms, antonyms, idiomatic expressions, and related words for monopoly, like: control, trust, exclusivity, free-trade, patent, oligopoly, copyright, open market, cartel, corner and syndicate.