How is the technology monopoly monopolized? Indeed, no one else can create it.

Technology monopoly means that the operator owns the key technology of a product or a certain type of product, and through the ownership of the key technology (patent), he crowds out his competitors, thus obtaining the monopoly right to produce such products. This monopoly right is defined and protected by national laws and regulations. (patent protection)

Nowadays, technology monopoly is prevalent. For example, most of the key technologies of TV manufacturers in China are monopolized by foreign manufacturers. Therefore, China's TV industry has to pay a lot of patent fees to foreign related manufacturers every year, and high-priced new products are also monopolized by foreign manufacturers. This also requires businesses in China to get out of the shadow of technology monopoly as soon as possible and master their own key technologies in order to survive in the future competition.