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| − | + | :''You may also be looking for the popular board game ''[[Monopoly (game)|Monopoly]]''.'' |
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| + | In [[economics]], a '''monopoly''' is the exclusive control of a commodity or service in a particular market that allows one to manipulate prices. |
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| + | In [[2370]] Quark claimed that he had an agreement with the [[Cardassian]]s that all gambling on [[Deep Space 9]] was to take place at [[Quark's]], which was essentially a monopoly. ({{DS9|Rivals}}) |
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| + | Prior to [[2370s]], monopolies were the cornerstone of [[Ferengi]] society and an everyday practice on [[Ferenginar]]. In fact, a "total monopoly" is the premier hand in the Ferengi [[game]] [[tongo]]. ({{DS9|Change of Heart}}) |
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| + | In [[2366]], [[Arridor]] and [[Kor]] established a monopoly on an entire economy of the [[planet]] [[Takar II]], located in the [[Delta Quadrant]]. In [[2372]], the crew of {{USS|Voyager}} attempted to devise a means of making two Ferengi leave the planet and their monopoly by making it more [[profit]]able for them to leave, or less profitable to stay. Their only solution was to "out-Ferengi the Ferengi." ({{VOY|False Profits}}) |
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| + | By late [[2375]], the [[Congress of Economic Advisors]] passed legislation making them illegal. Upon learning this information, [[Quark]] stated, ''"What's the point of being in business if you can't corner the market – gouge your customers?"'' In response, his brother [[Rom]], who was keen on the idea, stated: ''"There's something to be said for keeping prices down by ensuring competition."'' ({{DS9|The Dogs of War}}) |
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| + | == External link == |
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| + | * {{wikipedia}} |
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| + | [[Category:Economics]] |
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| + | [[de:Monopol]] |
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Latest revision as of 19:09, 25 July 2014
- You may also be looking for the popular board game Monopoly.
In economics, a monopoly is the exclusive control of a commodity or service in a particular market that allows one to manipulate prices.
In 2370 Quark claimed that he had an agreement with the Cardassians that all gambling on Deep Space 9 was to take place at Quark's, which was essentially a monopoly. (DS9: "Rivals")
Prior to 2370s, monopolies were the cornerstone of Ferengi society and an everyday practice on Ferenginar. In fact, a "total monopoly" is the premier hand in the Ferengi game tongo. (DS9: "Change of Heart")
In 2366, Arridor and Kor established a monopoly on an entire economy of the planet Takar II, located in the Delta Quadrant. In 2372, the crew of USS Voyager attempted to devise a means of making two Ferengi leave the planet and their monopoly by making it more profitable for them to leave, or less profitable to stay. Their only solution was to "out-Ferengi the Ferengi." (VOY: "False Profits")
By late 2375, the Congress of Economic Advisors passed legislation making them illegal. Upon learning this information, Quark stated, "What's the point of being in business if you can't corner the market – gouge your customers?" In response, his brother Rom, who was keen on the idea, stated: "There's something to be said for keeping prices down by ensuring competition." (DS9: "The Dogs of War")