Type | Economic system |
Consequences | Reduced consumer choices • Less protection from monopolistic abuses • Potential economic stagnation • Growing inequalities • Societal tensions and conflict |
Place of origin | Alternate timeline |
Example industries | Telecommunications • Healthcare • Energy • Technology • Automotive |
Comparison timeline | |
Key characteristics | Legalized monopolistic practices • Limited government regulation • Higher barriers to entry • Reduced market competition • High concentration in industries |