BusinessWhat is a monopolist?To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 videoBusinessAndreas Neuhaus05/31/2017May 31, 2017Where there is a monopoly, competition is absent. Where a firm dominates a market, competition is curtailed. For consumers, that can mean rising prices and inferior quality. Competition authorities seek to maintain or restore competition to markets.https://p.dw.com/p/2dkrzAdvertisement