The term “monopoly” describes a group of businesses that dominate their respective markets as a result of a significant competitive advantage.
These businesses have the biggest market shares for their goods and services and are highly challenging to compete with.
1. The government-owned Indian Railway Catering and Tourism Corporation (IRCTC) is the exclusive provider of online ticketing and catering for the Indian Railways.
2. The aerospace and defence firm HAL (Hindustan Aeronautics Limited) holds a commanding presence in the Indian market.
3. In India, a monopoly depository called CDSL (Central Depository Services Limited) is in charge of keeping securities in electronic form and allowing their exchange on the stock market.
Disclaimer- The information provided on our platform is intended only for simplification and education purposes, and should not be considered as an investment advice.
#smc #smcglobal #monopoly #stockmarketindia #financegoals #financeblogger #trendingnow #smc#smcglobal#monopoly#stockmarketindia#financegoals#financeblogger#trendingnow
Stock BrokerFinancial ConsultantFinancial PlannerBrokers & Investment FirmsOnline Share Trading Centre
demat account intraday trading best mutual funds how to open demat account demat account opening online trading free demat account future and option trading online demat account open trading account commodity market financial advisor portfolio management services share market brokers financial advisory services stockbroker near me wealth management stock market trading open demat account Best Trading platform in India financial advisor near me stock broker in Sector 12 stock broker in Faridabad stock broker near Sector 12 Financial Advisor in Faridabad