pure monopoly
noun[CorU]
ECONOMICSukusasituationwhere onecompanyhascompletecontrolof thesupplyof aproductorservice:
The PostOfficehas apuremonopolyonthedeliveryofletters, as noindividualcompanywould beabletocompete.
Highprofitsalwaysattractcompetitors, socasesofpuremonopolyarerare.