natural monopoly

English

Noun

natural monopoly (plural natural monopolies)

1. Control over the market for a product which occurs when a firm gains large benefit from economies of scale, or from a superior business model or product, and is thus able to produce a very large percentage of the total market demand for a given product and unintentionally exclude meaningful competition via price structures.

Translations

type of monopoly

• Catalan: monopoli natural (ca) m
• Finnish: luonnollinen monopoli (fi)
• Georgian: ბუნებრივი მონოპოლია (bunebrivi monoṗolia)
• Russian: есте́ственная монопо́лия f (jestéstvennaja monopólija)
• Tagalog: likas na sarilakal