Synonyms:
Price discrimination；歧视性垄断
Discriminating monopoly (差别垄断 chābié lǒngduàn, or 歧视性垄断 qíshì xìng lǒngduàn) occurs when a producer sells a homogeneous commodity or services to different buyers at different prices. Discriminating (区别对待的 qūbié duìdài de, or 歧视性的 qíshì xìng de) refers to making a distinction. Monopoly (垄断 lǒngduàn; 垄, ridge; 土, soil; 断, break) occurs when a producer faces no competition in the market and sells a unique product.
- 差别 (chābié) derives from
差 (chā) as in difference (差别 chābié), inferior (差的 chàdē) or error (误差 wùchā).
别 (bié) as in others (别的 biédē) or difference (区别 qūbié).
- 垄断 (lǒngduàn) as in monopoly enterprise (垄断企业 lǒngduàn qǐyè), antitrust laws (反垄断法 fǎnlǒngduàn fǎ) or captive market (垄断市场 lǒngduàn shìchǎng).
Discriminating monopoly (差别垄断 chābié lǒngduàn) word examples:
- Price discriminating monopoly (价格差别垄断 jiàgé chābié lǒngduàn).