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Monopolies Of The
    World
    By Angelo Miele
What Is a Monopoly?
• A form of market structure in which there is
  only one seller of a good or service.
• Many Companies are monopolies if they
  dominate a market. Doesn’t need to be the
  only company in that market to be a
  monopoly.
Luxottica
Luxottica is very big Italian company which isn’t very well known. It
manufactures Sunglasses for nearly all designer brands and also owns
the world’s largest eye wear retailer. Nearly half a billion people own a
pair of Luxottica made sunglasses.




Luxottica owns these brands:
Luxottica
Luxottica Facts:                     Luxottica owns more than 7000 retail stores
•Made 65 million pairs of            that sell sunglasses some examples are:
sunglasses last year and with
revenue at £6.22.

•Luxottica owns Ray Ban and
Oakley where making the
sunglasses cost £25 and can sell
from £120 up to £260.

•Also manufacturers normal
glasses and owns the brands
Persol and Vogue.
                                               By supplying to so many brands as
                                               almost the only supplier of
                                               sunglasses makes it a Monopoly.
                                               Clearly in this case a monopoly
                                               doesn’t benefit the consumer and
                                               this can be a disadvantage of a
                                               monopoly.
Iarnród Éireann
Iarnród Éireann is the
national railway system operator
of Ireland and is owned by the Irish
Government.

Carries around 40million passengers a
year.

•Operates all intercity lines(long routes
from Dublin)

•Commuter lines based in Dublin, which
has four commuter routes: Northern,
Western, South Western and South
Eastern

•DART (Dublin Area Rapid Transit, The
north-south route along Dublin's eastern
coastal side is also host to DART.          Talks to end this monopoly are on
                                            going.
Monsanto Company
•Monsanto is an agricultural                        Monsanto’s seed monopoly has
biotechnological company                            grown so powerful that they
meaning it makes seeds through                      control the genetics of nearly 90%
genetic engineering.                                of five major commodity crops
                                                    including corn, soybeans, cotton,
•Monsanto's line of seed products                   canola and sugar beets. Therefore
includes agricultural seeds and                     meaning it can charge almost any
vegetable seeds, sold under the                     price to an extent which is to the
brand ‘Roundup’.                                    extent in which consumers may just
                                                    simply stop buying soybeans.




                                    Has been sued
                                    by
                                    competitors
Which were monopolies?




A        B          C
Which were monopolies?
Prices controlled
through supply of
diamonds.




Producers in Russia, Canada
and Australia, distributed    Convicted of being an illegal
diamonds outside of the De    monopoly in the 1980
Beers channel, ending the
monopoly.

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Monopolies of the world by Dominic Narag

  • 1. Monopolies Of The World By Angelo Miele
  • 2. What Is a Monopoly? • A form of market structure in which there is only one seller of a good or service. • Many Companies are monopolies if they dominate a market. Doesn’t need to be the only company in that market to be a monopoly.
  • 3. Luxottica Luxottica is very big Italian company which isn’t very well known. It manufactures Sunglasses for nearly all designer brands and also owns the world’s largest eye wear retailer. Nearly half a billion people own a pair of Luxottica made sunglasses. Luxottica owns these brands:
  • 4. Luxottica Luxottica Facts: Luxottica owns more than 7000 retail stores •Made 65 million pairs of that sell sunglasses some examples are: sunglasses last year and with revenue at £6.22. •Luxottica owns Ray Ban and Oakley where making the sunglasses cost £25 and can sell from £120 up to £260. •Also manufacturers normal glasses and owns the brands Persol and Vogue. By supplying to so many brands as almost the only supplier of sunglasses makes it a Monopoly. Clearly in this case a monopoly doesn’t benefit the consumer and this can be a disadvantage of a monopoly.
  • 5. Iarnród Éireann Iarnród Éireann is the national railway system operator of Ireland and is owned by the Irish Government. Carries around 40million passengers a year. •Operates all intercity lines(long routes from Dublin) •Commuter lines based in Dublin, which has four commuter routes: Northern, Western, South Western and South Eastern •DART (Dublin Area Rapid Transit, The north-south route along Dublin's eastern coastal side is also host to DART. Talks to end this monopoly are on going.
  • 6. Monsanto Company •Monsanto is an agricultural Monsanto’s seed monopoly has biotechnological company grown so powerful that they meaning it makes seeds through control the genetics of nearly 90% genetic engineering. of five major commodity crops including corn, soybeans, cotton, •Monsanto's line of seed products canola and sugar beets. Therefore includes agricultural seeds and meaning it can charge almost any vegetable seeds, sold under the price to an extent which is to the brand ‘Roundup’. extent in which consumers may just simply stop buying soybeans. Has been sued by competitors
  • 8. Which were monopolies? Prices controlled through supply of diamonds. Producers in Russia, Canada and Australia, distributed Convicted of being an illegal diamonds outside of the De monopoly in the 1980 Beers channel, ending the monopoly.