Term

Monopoly

A position in a market where only one company sells the product.

Co-opetition, Adam Brandenburger, Barry Nalebuff

Explained in

• Co-opetition, Adam Brandenburger, Barry Nalebuff
• The Wealth of Nations, Adam Smith

  When a single seller is left without rivals and can jack up prices and stop improving quality, because the buyer has nowhere else to go.

• Zero to One, Peter Thiel

  a position in which a company is so different from everyone else that it effectively has no direct rivals

All terms