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Monopolistic Market

Categories: Econ, Financial Theory

See: Monopoly.

Monopolies exist in monopolistic markets, and the term generally leans on the notion that some markets naturally give way to monopolies. Like...markets for space exploration, where even just a basic rocket and landing pad cost upwards of a billion dollars. Huge fixed costs; no guarantees of success.

So when there is one big leader, it's usually kind of a "winner takes all" thing.

Find other enlightening terms in Shmoop Finance Genius Bar(f)