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.
According to a strict academic definition, a monopoly is a market containing a single firm. In such instances where a single firm holds monopoly power, the company will typically be forced to divest its assets.Antimonopoly regulation protects free markets from being dominated by a single entity.Next Up.ccording to a strict academic definition, a monopoly is a market containing a single firm. In such instances where a single firm holds monopoly power, the company will typically be forced to divest its assets. Antimonopoly regulation protects free markets from being dominated by a single entity. Next Up.