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Monopoly seems to refer more to "monopoly power" in general and the barriers to entry that exist to protect entrenched interests from competition. Duopolies and
by ThrustVectoring 8y ago
Monopoly seems to refer more to "monopoly power" in general and the barriers to entry that exist to protect entrenched interests from competition. Duopolies and oligopolies all have a degree of "monopoly power" without being a true monopoly.