Monopoly Monopoly-market in which there is only one seller

More complex forms of monopoly arise when the process of monopolization extends to direct production. In this case there is a need to integrate within a corporation consecutive interconnected production of several industries, ie vertical integration, or a combination. For example, within the automotive giant corporations may associate companies that produce raw materials, produce steel, automobiles and other manufactured. On this basis, there is such a higher form of monopoly as trust.

Trust - an association of several enterprises in one or more industries, whose members lose ownership of the means of production and the manufactured product, industrial and commercial independence, that combine production, marketing, finance, management, and the amount of invested capital owners of individual enterprises receive shares of the trust, which give them the right to participate in management and assign the appropriate share of the profits.

• Trust - an association of several enterprises in one or more industries, whose members lose ownership of the means of production and the manufactured product, industrial and commercial independence, that combine production, marketing, finance, management, and the amount of invested capital owners of individual enterprises receive shares of the trust, which give them the right to participate in management and assign the appropriate share of the profits.