Monopolistická

Monopolistická refers to a characteristic or situation related to monopoly. A monopoly exists when a single company or entity is the sole supplier of a particular product or service. This grants the monopolist significant control over the market, including the ability to set prices without facing direct competition. Monopolistická situations can arise due to various factors, such as control over essential resources, patents, government regulations, or economies of scale that make it prohibitively expensive for competitors to enter the market.

In a monopolistická market, the absence of competition can lead to several consequences. Consumers may face higher prices and reduced quality or innovation, as the monopolist has little incentive to improve their offerings. However, in some cases, a monopolist might reinvest profits into research and development, potentially leading to technological advancements. Governments often regulate monopolistické firms to prevent exploitation of consumers and ensure fair market practices. This can involve price controls, antitrust laws, or even breaking up the monopoly into smaller, competing entities. The term monopolistická, therefore, encapsulates the features and implications associated with a market dominated by a single seller.