# monopoly Also [monopolist](https://www.freemarketcenter.com/lexicon/index.html#monopolist). These terms have two distinctly different meanings: A state of affairs in which an individual or group of individuals has the exclusive control of one of the vital conditions of human survival. In this situation, the monopolist is the master and the rest are slaves. It is the pattern of the socialist state (see "Socialism") and has no reference to a market economy. A state of affairs in which an individual or a group of individuals has the exclusive control of the supply of a definite commodity or factor of production. In this sense, every market participant is a monopolist if the commodity or service he offers cannot be exactly duplicated by a competitor. Such a monopoly is of no importance unless market conditions permit the monopolist to charge [monopoly prices](https://www.freemarketcenter.com/lexicon/index.html#monopoly%20price) (q.v.), which they rarely do without government interventionism (q.v.). [[Human Action - Mises (HA)]] 277-78,358-79,383-87,680-81; [[Omnipotent Government - Mises (OG)]] 70-78, 248, 284; also [[Understanding the Dollar Crisis (PLG.)]] 94-95, 98-99, 173. --- # References [[Microsoft Attack]] [[failure monopoly]] [[monopolist]], [[monopoly price]] [[margin monopoly]] [[Cartel]] > [!Info]- Ignore dataview >## Backlink >Ignore this dataview. Plugins don't work on the website >```dataview Table Status, type as "Type" from [[]] and !outgoing([[]]) sort file.name asc >```