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There is no competition due to the monopoly is a market structure where there is a single provider of a certain good or service. That means that a single company dominates the entire supply market. In this way, consumers who wish to acquire a good can only go to the monopolist and they must accept the conditions that this imposes. In economics this is the best example of an "imperfect competition".
This answer is based on the article: "Definition of Monopoly" publish by The Economic Times.
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Chester William Nimitz, Sr.
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