Monopoly
in sentence
511 examples of Monopoly in a sentence
It is at least as likely that innovations in computer and communications technologies are competition's friends because they eliminate the frictions that in the past gave nearly every producer a little bit of
monopoly
power.
In particular,
monopoly
is on the rise, with Internet platforms that provide social benefits in the form of low transaction and communication costs (Alibaba, Tencent, and Baidu) securing massive market share.
That, together with policy subsidies, has created
monopoly
rents that are subject to capture by small interest groups.
Tougher competition policy and streamlined business-formation processes would slash
monopoly
profits and empower start-ups.
Similarly, in the Philippines, financial liberalization, by and large, benefited large family-owned corporations, increasing their
monopoly
power by easing access to bank credit.
But the most urgent problem stems from the breakdown of major countries’ one-time nuclear
monopoly
and the empowerment of smaller countries like North Korea, Pakistan, Israel, and, quite possibly, Iran.
As Admiral Dennis C. Blair, a former commander of the US Pacific Fleet, stated at a recent conference, “The history of Asia from the 1930s to about 1955 or so was not pretty in any way….I don’t think any country can have a
monopoly
on righteousness, or on guilt and shame” for that time.
Its current slowdown appears to arise from a failure by the Communist Party to challenge the
monopoly
powers of state-owned enterprises and to free up new sectors for private enterprise.
Competition among providers of complementary goods or services is harmful, and can be even worse than a
monopoly.
(That is why train drivers and pilots, for example, should be forced into
monopoly
unions that represent all of the other employees of their respective companies.)
The Out lobby therefore enjoyed a virtual
monopoly
of public attention.
Nothing better illustrates this than the world’s largest and oldest autocracy, China, where the Chinese Communist Party (CCP) maintains its
monopoly
on power, even as pro-market reforms have enabled its economy to surge.
There are other areas, such as technology, in which someone like Apple’s late founder, Steve Jobs, arguably delivers real innovation and quality, rather than just employing lawyers and lobbyists to maintain a
monopoly
position.
Professional sport is a legislated
monopoly
in most countries, with top teams extracting free stadiums and other privileges from host cities.
More than 100 million people in the region are thus reluctant to accept basic principles underpinning the rule of law and the state’s
monopoly
over the legitimate means of violence.
The main advantage of demutualization for stock exchanges is that it puts an end to the ownership
monopoly
of member firms, who are often reluctant to take decisions that benefit the market and issuers but that conflict with their own vested interests.
Capitalist competition erodes
monopoly
profits, whereas public policy risks creating entrenched privilege.
The promise of
monopoly
rights can spur innovation (though the most important discoveries, like that of DNA, typically occur within universities and government-sponsored research labs, and depend on other incentives).
This can be achieved by obtaining privileges or special rights from government or the legislature, privileges that may come in the form of
monopoly
rights, subsidies, protectionist privileges or other kinds of preferences.
And yet financial markets hardly have a
monopoly
on technical competency.
The Seed Treaty was motivated by fear of “biopiracy” – the pilfering of the world’s genetic resources by agricultural seed companies, which could then claim patents on them and wield
monopoly
control.
If a relatively well-off and religious country known as the “land of smiles” can so rapidly degenerate into bloody class warfare, what would happen if the Chinese Communist Party lost its
monopoly
on power?
Google’s position is so interesting and so powerful because the legal philosophy that challenges any ascendant position, even in an industry that seems naturally to produce monopoly, remains in place.
But Trump does not have a
monopoly
on post-truth politicking.
No CIS country would accept a Russian
monopoly
on the emission of a common currency, and without a central
monopoly
on the emission of money, a currency union cannot work.
They have achieved
monopoly
power while also competing against one another.
The EU uses a different definition of
monopoly
power from the US.
Whereas US law enforcement focuses primarily on monopolies created by acquisition, EU law prohibits the abuse of
monopoly
power regardless of how it is achieved.
But it remains an authoritarian country where the Communist Party retains its political
monopoly.
Japan’s change of government in 2009 – when the Democratic Party of Japan (DPJ) broke the almost uninterrupted
monopoly
on power held by the Liberal Democratic Party (LDP) since 1955 – was not a revolution.
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