In economics and business ethics, a coercive monopoly is a form of monopoly where a firm is able to make pricing and production decisions independent of competitive forces because all potential competition is barred from entering the market.
In economics and business ethics, a coercive monopoly is any monopoly maintained by coercion. Some use the alternative definition that a coercive monopoly is a form of monopoly where a firm is able to make pricing and production decisions independent of competitive forces because all potential competition is barred from entering the market.