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Monopoly Profit

A form of high profit which is higher than the average profit that a monopoly capitalist obtains by virtue of its monopoly position in social production and market circulation. Monopoly profits are realized mainly through monopoly prices set by monopoly organizations, which, by virtue of their control over the production and sale of products and through the setting of monopoly prices, make it possible for monopoly capitalists to obtain high monopoly profits far in excess of average profits over a long period of time. At the stage of state monopoly capitalism, the fusion of state power and monopoly capital is realized, further safeguarding the interests of monopoly capital…

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