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Meaning of "natural monopoly" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF NATURAL MONOPOLY

natural monopoly  [ˈnætʃərəl məˈnɒpəlɪ] play
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GRAMMATICAL CATEGORY OF NATURAL MONOPOLY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Natural monopoly is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES NATURAL MONOPOLY MEAN IN ENGLISH?

natural monopoly

Natural monopoly

A monopoly is a firm which is the only one producing and selling a particular product. A natural monopoly is a monopoly in an industry in which it is most efficient for production to be concentrated in a single firm. This market situation gives the largest supplier in an industry, often the first supplier in a market, an overwhelming cost advantage over other actual and potential competitors, so a natural monopoly situation generally leads to an actual monopoly. This tends to be the case in industries where capital costs predominate, creating economies of scale that are large in relation to the size of the market, and hence creating high barriers to entry; examples include public utilities such as water services and electricity. While in other situations a monopoly can lead to restricted output, higher-than-necessary prices, and production that is inefficient than would occur with many producers, a firm that is a natural monopoly produces at lower average cost than would be possible with multiple firms. This frees other potential competitors to put their resources to other profitable uses.

Definition of natural monopoly in the English dictionary

The definition of natural monopoly in the dictionary is the situation when, due to the economies of scale of a particular industry, the maximum efficiency of production and distribution is realized through a single supplier.

WORDS THAT RHYME WITH NATURAL MONOPOLY


antimonopoly
ˌæntɪməˈnɒpəlɪ
bibliopoly
ˌbɪblɪˈɒpəlɪ
duopoly
djʊˈɒpəlɪ
Gallipoli
ɡəˈlɪpəlɪ
gospelly
ˈɡɒspəlɪ
improperly
ɪmˈprɒpəlɪ
monopoly
məˈnɒpəlɪ
municipally
mjuːˈnɪsɪpəlɪ
oedipally
ˈiːdɪpəlɪ
oligopoly
ˌɒlɪˈɡɒpəlɪ
papally
ˈpeɪpəlɪ
popply
ˈpɒpəlɪ
principally
ˈprɪnsɪpəlɪ
properly
ˈprɒpəlɪ
pulpally
ˈpʌlpəlɪ
purply
ˈpɜːpəlɪ
ripply
ˈrɪpəlɪ
Trichinopoly
ˌtrɪkɪˈnɒpəlɪ
tripoli
ˈtrɪpəlɪ
unproperly
ʌnˈprɒpəlɪ

WORDS THAT BEGIN LIKE NATURAL MONOPOLY

natural gas
natural gender
natural historian
natural history
natural immunity
natural justice
natural language
natural language processing
natural law
natural logarithm
natural number
natural philosopher
natural philosophy
natural rate of unemployment
natural resources
natural science
natural scientist
natural selection
natural slope
natural theologian

WORDS THAT END LIKE NATURAL MONOPOLY

absolute monopoly
allicholy
amphiboly
coly
cooly
drooly
emboly
epiboly
gooly
government monopoly
grooly
holy
melancholy
moly
overholy
poly
roly-poly
stooly
the holy
unholy

Synonyms and antonyms of natural monopoly in the English dictionary of synonyms

SYNONYMS

Translation of «natural monopoly» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF NATURAL MONOPOLY

Find out the translation of natural monopoly to 25 languages with our English multilingual translator.
The translations of natural monopoly from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «natural monopoly» in English.

Translator English - Chinese

自然垄断
1,325 millions of speakers

Translator English - Spanish

monopolio natural
570 millions of speakers

English

natural monopoly
510 millions of speakers

Translator English - Hindi

प्राकृतिक एकाधिकार
380 millions of speakers
ar

Translator English - Arabic

الاحتكار الطبيعي
280 millions of speakers

Translator English - Russian

естественная монополия
278 millions of speakers

Translator English - Portuguese

monopólio natural
270 millions of speakers

Translator English - Bengali

প্রাকৃতিক একচেটিয়া
260 millions of speakers

Translator English - French

monopole naturel
220 millions of speakers

Translator English - Malay

Monopoli semulajadi
190 millions of speakers

Translator English - German

natürliches Monopol
180 millions of speakers

Translator English - Japanese

自然独占
130 millions of speakers

Translator English - Korean

자연 독점
85 millions of speakers

Translator English - Javanese

Monopoli alam
85 millions of speakers
vi

Translator English - Vietnamese

độc quyền tự nhiên
80 millions of speakers

Translator English - Tamil

இயற்கை ஏகபோகம்
75 millions of speakers

Translator English - Marathi

नैसर्गिक एकाधिकार
75 millions of speakers

Translator English - Turkish

Doğal tekel
70 millions of speakers

Translator English - Italian

monopolio naturale
65 millions of speakers

Translator English - Polish

naturalny monopol
50 millions of speakers

Translator English - Ukrainian

природна монополія
40 millions of speakers

Translator English - Romanian

monopol natural
30 millions of speakers
el

Translator English - Greek

φυσικό μονοπώλιο
15 millions of speakers
af

Translator English - Afrikaans

natuurlike monopolie
14 millions of speakers
sv

Translator English - Swedish

naturligt monopol
10 millions of speakers
no

Translator English - Norwegian

naturlig monopol
5 millions of speakers

Trends of use of natural monopoly

TRENDS

TENDENCIES OF USE OF THE TERM «NATURAL MONOPOLY»

The term «natural monopoly» is regularly used and occupies the 104.987 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
51
/100
The map shown above gives the frequency of use of the term «natural monopoly» in the different countries.
Principal search tendencies and common uses of natural monopoly
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «natural monopoly».

FREQUENCY OF USE OF THE TERM «NATURAL MONOPOLY» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «natural monopoly» during the past 500 years. Its implementation is based on analysing how often the term «natural monopoly» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about natural monopoly

EXAMPLES

10 ENGLISH BOOKS RELATING TO «NATURAL MONOPOLY»

Discover the use of natural monopoly in the following bibliographical selection. Books relating to natural monopoly and brief extracts from same to provide context of its use in English literature.
1
The End of a Natural Monopoly: Deregulation and Competition ...
Association, specifically used the term “natural monopoly” to describe vast enterprises that in particular, to use Lord Hale's phrase, were “affected with the public interest.” These businesses did not include electric companies but did pertain to ...
Daniel H. Cole, Peter Grossman, 2004
2
Natural Monopoly Regulation: Principles and Practice
Policy makers and regulators have begun to implement entry and pricing policies that are based on theoretical and empirical analyses. This book develops a comprehensive framework for analyzing natural monopoly.
Sanford V. Berg, John Tschirhart, 1988
3
The Theory of Natural Monopoly
Although the book is mainly conceptual in nature, the final chapter on natural monopoly in the telecommunications industry shows the practical applications of the theory.
William W. Sharkey, 1982
4
Natural Monopoly and Its Regulation
The question that this Article addresses is whether natural monopoly provides an adequate justification for the imposition of these regulatory controls.2 A critical examination of this question seems timely. The terms "public utility" and "common  ...
Richard A. Posner, 1999
5
Privatization, Public Ownership, and the Regulation of ...
This book, given the wealth of detail about public policy should appeal greatly to lawyers, economists and political scientists, as well as those on courses in public administration and other professionals.
Christopher D. Foster, 1992
6
Railroads, Freight, and Public Policy
... it does not make it clear whether the private market can or will generate an economically efficient solution. It is the existence of a natural monopoly in that sense that determines whether the railroad industry requires public intervention to be ...
Theodore E. Keeler, 1983
7
Industrial Organisation: Competition, Growth, and Structural ...
One approach, discussed in section 14.2, is to restructure the industry by splitting up an incumbent monopolist, a policy solution that may be facilitated by the effect which technical progress sometimes has of removing natural monopoly status.
Kenneth Desmond George, Caroline Joll, E. L. Lynk, 1992
8
Theory of Natural Monopoly
Introduction: Ideal Solutions for Natural Monopolies Probably the term “Natural Monopoly” seems to most of the people as a contradiction. Because of the profit that is collected by monopolists, it's hard to understand why there should be the ...
Phillip Hütcher, 2013
9
Public Finance and Public Policy: Responsibilities and ...
The fixed costs are generally incurred in infrastructure investment that serves a population of users. Electricity supply is a private good that is a natural monopoly. The fixed costs are incurred in the infrastructure that brings the electricity to users  ...
Arye L. Hillman, 2003
10
The Economics of Postal Service: A Research Study Supported ...
Therefore, in this study of the economics of postal service, we draw upon essentially the same theoretical framework as that employed in our earlier work, Crew and Kleindorfer (1979; 1986), namely the welfare economics of natural monopoly.
Michael A. Crew, Paul R. Kleindorfer, 1992

10 NEWS ITEMS WHICH INCLUDE THE TERM «NATURAL MONOPOLY»

Find out what the national and international press are talking about and how the term natural monopoly is used in the context of the following news items.
1
Electric Cars, Sooner or Later
Thus Facebook maintains what amounts to a natural monopoly. Cars and filling stations are the same way. The more gasoline cars are on the ... «Bloomberg View, Jul 15»
2
Power Companies' objective: Remedy the unintended subsidy of …
He made the point that a utility company is a "natural monopoly," due to its exclusive ... Given that they are an acknowledged natural monopoly, ... «Pure Energy Systems News, Jul 15»
3
Digital Monopolies: Too Many Big Fish in the Sea
Therefore, it is the most cost-efficient when only one company is there to serve the market—a scenario defined as “natural monopoly” by ... «CKGSB Knowledge, Jul 15»
4
Report addresses rail companies having an 'effective natural
According to the Crops Logistics Working Group report released by Ritz on Monday, rail companies have an "effective natural monopoly" when ... «Winnipeg Free Press, Jul 15»
5
Shrinking trading floor does not reduce NYSE's influence
That creates a “natural monopoly”, critics worry, and there is no clear industry-agreed alternative to the auction if it is not available, ... «Financial Times, Jul 15»
6
Tech policy belongs on the 2016 campaign agenda
... fairly detailed regulation, primarily because broadcasters made use of “public airways” while telephony was viewed as a “natural monopoly. «Computerworld, Jul 15»
7
Shooting a MOOC
... Network Industries (the regulation of natural monopoly, starting with the railroad and the telegraph and moving forward) and Copyright. «Washington Post, Jul 15»
8
Competition review: June 2015/1
... criteria focused on whether access promotes competition and that the “privately profitable” test should be revised to a “natural monopoly” test. «Lexology, Jul 15»
9
Tracing the History of American Invention, From the Telegraph to the …
“It's hard to believe now with all of the competing phone companies that there once was a natural monopoly.” Other standouts in the show ... «Smithsonian, Jul 15»
10
Cord Cutting, Cord Shaving, and Cable Gaming: How Consumers …
The expansion of AT&T (NYSE:T) and Verizon (NYSE:VZ) into pay-TV has done wonders to combat the natural monopoly of cable-TV providers ... «Motley Fool, Jul 15»

REFERENCE
« EDUCALINGO. Natural monopoly [online]. Available <https://educalingo.com/en/dic-en/natural-monopoly>. Apr 2024 ».
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