eHow launches Android app: Get the best of eHow on the go.

  • Bookmark and Share

Monopoly

    Monopoly Editor's Picks

    • How to Play the Monopoly Drinking Game

      Monopoly is a fun family game that can be taken to the next level after hours. If you and your friends are looking for an entertaining drinking game, you can turn your old family favorite, Monopoly, into a party game. Like most drinking games, it is illegal to play with alcoholic beverages if you are under 21. The Monopoly drinking... more »

    • How to Play Internet Monopoly

      In Monopoly, you roll the dice around a board buying property, houses and hotels. The object of the game is to control the board and bankrupt the other players. Most Internet Monopoly games require a download and purchasing to play the game. However, you can play multiplayer online from Pogo.com. In addition, you can play against a... more »

    • How to Create Your Own Monopoly Game

      The game of Monopoly has seen many iterations over the years. Each version has been customized for movies, other games, real world locations and more. Creative Monopoly players can use the basic structure of the game to create their own customized Monopoly game. more »

    • How to Host a Nostalgic Monopoly Party

      Youth brings back memories of milk and cookies after school, piles of homework and nights of board games. Keep that feeling alive by hosting a Monopoly party where you and your friends can roll the dice back in time. more »

    • How to Rip Off Your Opponent in Monopoly

      Monopoly has been a favorite board game of Americans for generations. But it can get a tad dull. Trading can spice things up and provide players with monopolies, but it's a bummer when you continue to land on properties you once owned and are forced to give your trading partner thousands of bucks. You can minimize those experiences.... more »

    Monopoly Quick Guides

    • Playing Board Games

      For a more interactive experience with the family nothing beats out a good board game. From...

    Monopoly Articles

    • About Monopoly

      Monopoly is an entertaining board game that many people remember from childhood but play well into adulthood. There are many different variations... more »

    • Monopoly History

      Monopoly is the most popular commercial board game in the world, with over 500 million players and hundreds of different versions. Computer games... more »

    • What Are the Benefits of a Monopoly?

      Acquiring monopolies is the name of the game in Monopoly. In order to win the game, you need to buy up all the properties of multiple color groups... more »

    • How to Use Utilities in Monopoly

      When you think about Monopoly, you usually think about the big properties: Board Walk and Park Place. While they may be the properties people... more »

    • How to win at monopoly

      One of the oldest and most treasured board games is the property trading game Monopoly. No matter what version (Jr., Electronic, or themes like... more »

    Wikipedia

    Monopoly

    In economics, a monopoly (from Greek monos / μονος (alone or single) + polein / πωλειν (to sell)) exists when a specific individual or an enterprise has sufficient control over a particular product or service to determine significantly the terms on which other individuals shall have access to it. Monopolies are thus characterized by a lack of economic competition for the good or service that they provide and a lack of viable substitute goods. The verb "monopolize" refers to the process by which a firm gains persistently greater market share than what is expected under perfect competition.

    A monopoly must be distinguished from monopsony, in which there is only one buyer of a product or service ; a monopoly may also have monopsony control of a sector of a market. Likewise, a monopoly should be distinguished from a cartel (a form of oligopoly), in which several providers act together to coordinate services, prices or sale of goods. Monopolies can form naturally or through vertical or horizontal mergers. A monopoly is said to be coercive when the monopoly firm actively prohibits competitors from entering the field.

    In many jurisdictions, competition laws place specific restrictions on monopolies. Holding a dominant position or a monopoly in the market is not illegal in itself, however certain categories of behaviour can, when a business is dominant, be considered abusive and therefore be met with legal sanctions. A government-granted monopoly or legal monopoly, by contrast, is sanctioned by the state, often to provide an incentive to invest in a risky venture or enrich a domestic constituency. The government may also reserve the venture for itself, thus forming a government monopoly.

    Economic analysis
    In economics, the study of market structures under imperfect competition begins with the analysis of Monopoly. If there is a single seller in a certain industry and there are no close substitutes for the goods being produced, then the market struc read more at » http://en.wikipedia.org/wiki/Monopoly

    Related Ads

    Monopoly People & Community

    Connect with people who share your interest by joining one of our Groups:

    Topic Contributors
    Get Free Hobbies, Games & Toys Newsletters

    Copyright © 1999-2009 eHow, Inc. Use of this web site constitutes acceptance of the eHow Terms of Use and Privacy Policy.   en-US Portions of this page are modifications based on work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License.

    Demand Media