Corporation In Monopoly

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  • I'm really Thinking of starting a Corporation Business
  • Great! But What is a Corporation?
  • A corporation is a legal entity that is separate and distinct from its owners  
  • Oh yeah I heard about it But, I am confused, so What is monopoly?
  • A Monopoly is the control supply of a good or service and where the entry of a new producers is prevented or highly restricted 
  • Oh ok I'm already understanding, but now i would like to know how does a Corporation become a Monopoly?
  •  Okay let me explain it you, When a single company or groups owns all or nearly all of the market for a given type of product, while companies they increasing  market sharing monopoly is not easy to do.
  • That's is good, but can you tell me the benefits of Monopoly?
  • Fantastic! Great information and good benefits.
  • Sure, but it will be quick because i have to go, some benefits are provide including exploit economies of scale, avoidance of duplication of infrastructure and revenue. 
  • Ok friend thank you for clarifying my doubts. Well see you soon.
  • Later!
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