A monopolist can determine the market price for its product and can be described as a price maker rather than a price taker. |
The onus is then on the incumbent monopolist to ensure that supernormal profits are never earned. |
It is a fact that the software producer has been judged to be a monopolist. |
There is little love lost between the former monopolist and the new competitors. |
The monopolist can segment market demand, and still certify white males as before. |
It's a reminder of how much market power a monopolist holds in shaping a culture. |