View Categories

Monopolies

In capitalist economic life, a large enterprise or enterprise alliance that controls the production and sale of most products of a certain or some production departments in order to obtain high monopoly profits. They dominate the production, divide up and monopolize the sales market, control the raw material producing areas and investment places, and set monopoly prices to obtain monopoly profits…

Article Length: 4,233 characters

Own the print edition of The Great Dictionary of Marxism for unrestricted study and reference.

ORDER