Monopolistic practices refer to actions taken by a business entity to dominate a market and restrict competition, often resulting in higher prices for consumers.
Category Killers, also known as specialty hard goods retailers, are large retail outlets that dominate particular market segments, providing extensive selections within their category. Notable examples include Home Depot, Lowe's, Best Buy, Office Depot, PetSmart, and formerly Toys 'R' Us.
Horizontal Integration refers to a company's strategy to dominate a market at one stage of the production process by monopolizing resources. Explore the types, benefits, examples, and comparisons with vertical integration.
