Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Somer G. Anderson is CPA, doctor of ...

As markets mature, they trend toward oligopoly or even outright monopoly. There isn’t much difference, because an oligopoly has several members instead of just one. Examples include electric power ...

How does one reconcile a belief in the power of economic dynamism — that it takes “maximum competitive intensity” in business to really drive growth and innovation — with a deep skepticism that what ...

Put on the market a few years ago by famed old Parker Bros. Inc. was a game called Monopoly, ingeniously designed to appeal to the baldest acquisitive instincts. It was an instantaneous success. Last ...

Economists are finally getting around to evaluating the negative influence of the concentration of market power. There are two primary types of market concentrations. In a monopoly, of course, one ...

First, let's go over the conventional understanding of a monopoly, compare it to an oligopoly, and then compare that to a cartel, so that we're all on the same page. A monopoly, conventionally and ...