Assertion: monopoly | /r/HasProperty | characterized by a lack of economic competition
Facets:
Source sentences:
text: Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit.
text: Monopolies are thus characterized by a lack of economic competition for the good or service that they provide and a lack of viable substitute goods.
text: Monopolies are characterized by a lack of economic competition for the good or service that they provide and a lack of viable substitute goods.