Term:
Monopolisation
Definition:
Monopolisation refers to attempts by a dominant firm or group of relatively large firms to maintain or increase market control through various anti-competitive practices such as predatory pricing, pre-emption of facilities, and foreclosure of competition.
Domain:
Finance
Source:
Glossary of Industrial Organisation Economics and Competition Law, compiled by R. S. Khemani and D. M. Shapiro, commissioned by the Directorate for Financial, Fiscal and Enterprise Affairs, OECD, 1993
