BabelNet

bn:01392924n

Noun Concept

SYL

No term available

A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors. Wikipedia

Relations

Sources

IS A

monopoly

HAS KIND

Averch–Johnson effect

STUDIED BY

economics