Question

Give any two example of monopolist market

Answer 1

[AI-generated answer — Bot GPT 3.5]

1. Microsoft: Microsoft's Windows operating system holds a dominant market share in the computer operating system market, making it a monopolist in this industry.

2. De Beers: De Beers is a diamond mining and trading company that has historically held a monopoly on the diamond market. Through its control of diamond production and distribution, De Beers was able to dictate prices and control supply in the market.