Monopoly In Pakistan 5t1i33

Monopoly in Pakistan.

"A situation in which a single company or group owns all or nearly all of the market for a given type of product or service". . Examples of pure monopolies are rare, but they do exist; some examples include: 

Utility companies, such as water and electricity, in particular towns,



Cell service providers in some countries

 Professional sports teams (the Denver Broncos are the only professional football team in Denver) 

Microsoft (a near monopolist in PC operating systems)

Examples of Monopoly in Pakistan: 1. Railway 2. Wapda Railway: Pakistan Railways, lifeline of the country, is a national state-run transport service. It is under the istration of federal government and its head quarter is in Lahore. It is an important source of transportation throughout Pakistan. It carries millions of engers throughout the country. . This cheap and safe mode for engers is now facing a number of issues. A number of services of Pakistan Railways have been cancelled, suspended or terminated and many more will be suspended in near future because of blunder and shortage of mobiles fuel and money. The chapter of all major services, from Lahore to Karachi, has been closed. It is applicable to mention that all AC services have been stopped. The unskilled istration has failed to attain engine from any quarter of the world. engers are suffering due to failure of istration. Pakistan Railways decision to suspend goods train service due to severe shortage of locomotives and fuel is another blow to this organization. It is now basically financially bankrupt organization. In other words it is on the verge of financial collapse.

Wapda   

Wapda mean water and power development authority Wapda has monopoly of producing electricity. Wapda power wing is responsible for planning construction and operation of power generation transmission and distribution facilities throughout the country except Karachi area which is served by KESC (Karachi electricity supply corporation)

MONOPLY IN LOCAL INDUSTRY IN GUJRAT. Akbar kinara restaurant is one of of the biggest example of monopoly in gujrat. When kinara restaurant is opened no other luxury restaurant is available in gujrat in this way kinara has charged high prices .

Some more example of monopolistic competition When you walk into departmental srore to buy toothpaste you will find number of brands like papsodent colgate doctor sensodine etc On one hand the market of toothpaste is full of competation with thousand of competin brands and freedom of entry.on the other hand its market seems to be monopolistic due to uniqueness of each toothpaste and power to charge different prices. Such a market for toothpaste is a monopolistic competitive market.

Oligopoly An oligopoly is an economic market whereby a small number of companies or countries generate and control the entire supply of a good or service. An oligopoly is a market structure in which a few firms dominate. When a market is shared between a few firms, it is said to be highly concentrated. Although only a few firms dominate, it is possible that many small firms may also operate in the market.

Common Industries Overshadowed By Oligopolies           

Cable Television Services Entertainment Industries (Music and Film) Airline Industry Mass Media Pharmaceuticals Computer & Software Industry Cellular Phone Services Smart Phone and Computer Operating Systems Aluminum and Steel Oil and Gas Auto Industry

Fuel retailing Fuel retailing in the pakistan is dominated by four major suppliers, including Total Shell, Pakistan state oil, Attock. ore, etc.

Oligopolies in local market Some of luxuary hotel like Akbar Kinara, Bombay chopaty, mirch masala restaurant silver spoon are control the whole market of gujrat. Some fans industries like GFC fan ROYAL fan PAK fan capture the whole market. Gondal group gujrat and Izhar group gujrat are also in oligopoly in gujrat.

Pure Competition Pure competition is a term that describes a market that has a broad range of competitors who are selling the same products.

Examples of pure competition. In the industry of garments most of the brand like Break out out fitter Engine Backbenchers Levis Forecast ROYAL tag etc are in pure competition. Almost all the product and price are same. Customers has choice to purchase the product according own wish.