The Impact of Corporate Monopolies on Market Competition and Economic Health

Nimatullayev Khondamir Tursunboy Ugli and Avazov Ilkhom Ravshanovich

GREEN ECONOMY AND DEVELOPMENT, 2023, vol. 1, issue 10

Abstract: This article critically examines the implications of corporate monopolies on market competition and economichealth. It explores the multifaceted problems arising from the dominance of a few corporations in various sectors, emphasizingthe consequences for consumer choice, pricing, innovation, and political influence. The article also provides aforward-looking perspective, proposing potential solutions to mitigate the adverse effects of monopolistic practices.

Keywords: corporate monopolies; innovation; entrepreneurship; cost distribution; healthy competition; market power; corporate power; economic power. (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:1:y:2023:i:10:id:505

DOI: 10.55439/GED/vol1_iss10/a505

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