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Pure Monopolist
A single seller in a market that sells a product for which there are no close substitutes, controlling the entire supply and influencing price.
Near-Monopoly
A market structure where one company dominates the market to such an extent that it nearly eliminates all competition.
Dominates
A condition or situation where one option is better than another in all aspects or circumstances.
Pure Monopoly
An economic situation where only one supplier dominates the entire market offering for a specific commodity or service, with no nearly identical alternatives available.
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