The first edition of Newtâs Fantastic Beasts book is published in 1927, a year after the events of the Fantastic Beasts movie. By the time of the Harry Potter novels, set in the 1990s, Scamanderâs book is in its 52nd edition.
Definition of 'Monopoly'. Tweet. A market structure characterized by a single seller, selling a unique product in the market. Definition: A market structure characterized by a single seller, selling a unique product in the market.In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.weet. A market structure characterized by a single seller, selling a unique product in the market. Definition: A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.
That is, to have a monopoly of something doesn't mean you have to be the only one with it; it merely indicates that you have a very large portion of it, and are able to control most of the usage of that thing, including holding a severe influence over the usage of even the portion of the thing that you do not own.