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  4. Monopolization

Monopolization

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  • Sommerundefined Offline
    Sommerundefined Offline
    Sommer
    wrote on last edited by
    #1

    in business, complete control of something, which prevents other people or companies having any share or influence:

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    • Mernaundefined Offline
      Mernaundefined Offline
      Merna
      wrote on last edited by
      #2

      control of something such as a conversation or someones attention, for example by talking a lot or by stopping other people being involved:

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      • DanielDiemsundefined Offline
        DanielDiemsundefined Offline
        DanielDiems
        wrote on last edited by
        #3

        domination (of a market or commodity) to the exclusion of others

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        • Williebitundefined Offline
          Williebitundefined Offline
          Williebit
          wrote on last edited by
          #4

          The act of monopolizing or the state of being monopolized

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          • ScottLerundefined Offline
            ScottLerundefined Offline
            ScottLer
            wrote on last edited by
            #5

            In United States antitrust law, monopolization is illegal monopoly behavior. The main categories of prohibited behavior include exclusive dealing, price discrimination, refusing to supply an essential facility, product tying and predatory pricing. Monopolization is a federal crime under Section 2 of the Sherman Antitrust Act of 1890. It has a specific legal meaning, which is parallel to the abuse of a dominant position in EU competition law, under TFEU article 102. Section 2 of the Sherman Act states that any person who shall monopolize . . . any part of the trade or commerce among the several states, or with foreign nations shall be deemed guilty of a felony. Section 2 also forbids attempts to monopolize and conspiracies to monopolize. Generally this means that corporations may not act in ways that have been identified as contrary to precedent cases.

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            • Angelastundefined Offline
              Angelastundefined Offline
              Angelast
              wrote on last edited by
              #6

              Monopolization is a concept of US antitrust law, which refers to an offense under Section 2 of the American Sherman Antitrust Act 1890. It has a specific legal meaning, which is parallel to the abuse of a dominant position in EU competition law, under TFEU article 102. The Sherman Act 1890 §2 states that any person who shall monopolize . . . any part of the trade or commerce among the several states, or with foreign nations shall be deemed guilty of a felony. Section 2 also forbids attempts to monopolize and conspiracies to monopolize. Generally this means that corporations may not act in ways that have been identified as contrary to precedent cases. The main categories of prohibited behavior include exclusive dealing, price discrimination, refusing to supply an essential facility, product tying and predatory pricing.

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