What are Common Examples of Monopolistic Markets?

A: The most extensive and common monopoly markets operate with exclusive licensure, anti-competitive subsidization and/or tariff protection. These include public utilities and TV rights. Until 20th century deregulation, the markets for oil, trucking, postal delivery and air travel operated with monopoly privilege. The Making of a Monopoly Monopoly, as a theoretical economic construct, prevails when barriers to entry exist because one … Continue reading What are Common Examples of Monopolistic Markets?