Monopoly Monopoly-market in which there is only one seller

Administrative monopoly is caused by the actions of public bodies. 3 one hand, the provision of individual companies the exclusive right to perform certain types of activity. Thus the Dutch and English East India Company in the early 17th century. the government granted exceptional right to trade with India. 3 other hand, this organizational structure for state enterprises when they are combined and are subject to different central boards, ministries, associations. There are usually grouped enterprise of a field they act in the market as a single economic entity and no competition between them. The economy of the former Soviet Union belonged to the most monopolized in the world. The dominant there was just an administrative monopoly, especially the all-powerful monopoly of ministries and agencies. Moreover, there was an absolute state monopoly on the organization and management of the economy, which was based on the dominant state ownership of the means of production.

• Administrative monopoly is caused by the actions of public bodies. 3 one hand, the provision of individual companies the exclusive right to perform certain types of activity. Thus the Dutch and English East India Company in the early 17th century. the government granted exceptional right to trade with India. 3 other hand, this organizational structure for state enterprises when they are combined and are subject to different central boards, ministries, associations. There are usually grouped enterprise of a field they act in the market as a single economic entity and no competition between them. The economy of the former Soviet Union belonged to the most monopolized in the world. The dominant there was just an administrative monopoly, especially the all-powerful monopoly of ministries and agencies. Moreover, there was an absolute state monopoly on the organization and management of the economy, which was based on the dominant state ownership of the means of production.