Explore real-world examples of pure monopolies and understand their impact on consumers and market dynamics. Learn how monopolistic control affects various industries.

A monopolistic market is basically a market that exists between two types of quite extreme markets, namely a perfect competition market and a monopoly market. Therefore, this type of market each contains elements or characteristics that come from a monopoly competition market and also a perfect competition market.

Top 5 Real-World Pure Monopoly Examples.

In united states there are several examples of monopolistic competition markets in various economic sectors. Here are some examples:

1. Food and beverage industry.

The food and beverage industry in Indonesia is often an example of a monopolistic competition market. For example, there are many brands of soft drinks, such as Coca-Cola, Pepsi, Fanta, and so on. Although these products have similar characteristics, they often differ in terms of taste, packaging, and marketing strategies.

2. Garment and clothing industry.

The garment and clothing industry in Indonesia can also be considered as a monopolistic competition market. There are many brands and companies offering clothing with different styles, designs, and brands. Even though there are many different sellers and products, product differentiation is often the key to attracting consumers.

3. Cosmetics industry.

The cosmetics and personal care industry is another example of a monopolistic competition market in Indonesia. There are many brands of cosmetics, skin care, and other personal care products available in the market with similar characteristics but with differentiation in formula, packaging, and branding.

4. Telecommunications industry.

Although the telecommunications industry in Indonesia has several big players such as Telkomsel, Indosat Ooredoo, XL Axiata, and Tri, this market can also be considered a monopolistic competition market. Even though there are multiple service providers, differentiation in data plans, rates, and additional service offerings is often the determining factor in competition.

5. Online transportation industry.

The online transportation market in Indonesia can also be considered as an example of a monopolistic competition market. There are several service providers such as Gojek, Grab, and so on that offer similar services but with some differences in features, rates, and promotions. These are just a few examples of monopolistic competition markets in Indonesia. There are many other economic sectors where the characteristics of monopolistic competition markets can be found.

6.Cigarette Factory

Cigarette factories such as Djarum, Gudang Garam, Dji Sam Soe, and others, all produce cigarettes. But each company has its own characteristics. In fact, the prices set by each company are also different. There is no standard that can determine that the price of the product must be the same or uniform.

In addition, each company has the power to influence the market using the products they have. However, they cannot influence the price of the entire market price or the price set by their competitors. Another difference that we can see from all examples of products from the manufacturers above is the cigarette blend, the appearance of the packaging design, and also the flavor variants provided. Then, the number of cigarettes in the package also depends on each factory.

7.Motorcycle Factory

The next example of a monopolistic competition market in Indonesia is the Honda or Yamaha motorcycle factory. Where Honda’s motorcycles are always considered more fuel efficient than other brands of motorcycles. While Yamaha’s motorcycles are considered to have superior power compared to other motorcycles.

That is one example that exists in the monopolistic competition market. Where both brands produce motorcycles. However, both have quite different characteristics.

Thus the discussion of the monopolistic market along with its characteristics and examples. Where from the explanation above we can draw the conclusion that the monopolistic market is a market that is developed because there is no satisfaction in the perfect competition market and the monopoly market. In other words, the monopolistic market is a combination of the perfect competition market and the monopoly market.