One of the anticompetitive practices that businesses use is the creation of monopolies. A monopoly is a situation in which there is only one dominant company on the market providing a certain good or service.

A pure monopoly is when a single business has 100% of the market share. However, in practice, the market leader is called a monopolist when the business is controlling at least 20%-30% of the certain market.

https://www.superbusinessmanager.com/monopolies/

Founder & Editor-in-chief at SuperBusinessManager.com. Super Business Manager provides business resources for better decision making to empower human beings.