An example of a completely monopolized market:
Example: China Ordnance Industry Corporation is the largest weapons and equipment manufacturing group in China, which is oriented to the high-tech weapons and equipment of the army, navy and air force and various services and arms.
a complete monopoly market refers to a market structure in which the whole industry has only one supplier. Complete monopoly is a very special situation. The conditions for the formation of complete monopoly mainly include: government monopoly. The complete monopoly of these resources and products is formed by the independent control of some special raw materials. A complete monopoly formed by the patent right of certain products.
Examples of other market structure types:
1. Oligopoly market.
For example, Coca-Cola can be used as an example of oligopoly in the market.
2. monopolize the competitive market.
For example, in the monopolistic competitive market in the Internet era, under the tide of the Internet, different home appliance brands began to sell goods online, and the competition between them was monopolistic competitive market, for example, JD.COM Home Appliances, Tmall Electric City, Suning.cn and so on.
3. Completely competitive market.
For example, agriculture, in the real economy, only a few industries such as agricultural production are close to the perfect competitive market.