Monopolies

geography

A 'nowhere gas station' and a movie theater concession stand are examples of monopolies that exist because of ______________.

patent

A ___________ gives an inventor or a developer of a new product a sort of temporary monopoly to prevent it from being stolen or copied.

maker

A monopolistic firm is a 'price _______________'

substitute

A monopoly usually controls a good or product with no close _______________.

Taiwan

A vast majority of the world's laptops are manufactured in this East Asian island state: _______________.

web searches

Google was awarded a patent for its algorithm that greatly improved ________________.

market

In a monopoly, one firm controls a vast majority of a certain _______________.

barriers

Monopolies often have high _______________ to entry into the market.

utilities such as power and water

Monopolies that exist with government support because the product or the service is essential for the public good

college

Privatizing the prison systems could make economic sense because the cost of housing a single prisoner is more than it would cost to send that person to _________________ .

dogs

Specially-trained _______________ are the best foragers of gourmet truffles.

Luxottica

The Italian firm that dominates the eyewear market: ________________.

DeBeers

The South African firm ________________ once had a near-monopoly on the world diamond market.

blockbuster

The anti-depressant Prozac is an example of a so-called _______________ drug.

Alba

The area around the Italian city of _______________ is considered the best source of the highest-quality white truffles.

demand

The gourmet truffle market is a classic example of a good that is in short supply but very high _______________.

Mediterranean

The highest quality gourmet truffles are only found in the __________________ region.

Microsoft

The so-called 'Wintel' monopoly consisted of a vast majority of the world's desktop computers running an operating system produced by ________________.

Chinese

The truffle market is being disrupted by _______________ imports and climate change.

Vodafone

This British mobile telecommunications firm was part of the most expensive corporate merger in history:

Urbani

This firm controls 70% of the gourmet truffle market: _______________.

Standard

This firm had a monopoly on the oil market in the United States in the late 1800s and early 1900s.

Quanta

This firm manufactures a large percentage of the world's brand-name laptops.

ABInBev

This firm owns or controls much of the world's mass-produced beer market.

US Steel

This firm was the world's first company valued at over $1 billion: _______________.

Monsanto

This huge firm was built on two simple products: weed killer and seeds.

M & A's

Two large corporations that want to merge will usually hire a firm that specializes in ______________ to do the complicated work required.

household

Water, power, and cable networks are cost-prohibitive to build because they must be connected to every ________________.

insatiable

incapable of being satisfied