solved Research an organization or brand  that you feel is

Research an organization or brand  that you feel is a monopoly. Discuss the organization or brand giving  your classmates a few details about why you feel it is a monopoly and  determine if the monopoly is a regulated natural monopoly and why?
A monopoly refers to an individual or an organization that solely supplies a commodity, and it may therefore have certain benefits over the others. The government controls a regulated monopoly to protect the customers from things such as high pricing. One of the ways through which the government may regulate monopolies is through price capping, where it hinders the monopoly from increasing the price further to protect the customers. The duration monopoly is frequently utilized to characterize an element that possesses estimate or near-total supervision of a demand.
A market might retain a monopoly because it comprises all the fundamental reserves occupied by an isolated corporation. The administration provides an isolated business the limited freedom to generate some fortune, or the taxes of creation create an isolated inventor further productive than an enormous number of originators. Monopolies can be contemplated an outcome of free-market capitalism in that, missing any regulation or constraints, a solitary firm or committee evolves enormously sufficiently to inhabit all or virtually all of the demand welfares, allowances, properties, infrastructure, and assets for a specific category of merchandise or employment (Huang2019).
An example of a monopoly is Luxottica, which is Italian based Company (Narayanan, 2005). I feel that the company is a monopoly because it is the world’s largest eyewear company and produces about 70% of all named brand eyewear, including Prada, Ray-Ban, Burberry, Gucci, and many more. Luxottica mainly dominates the market price in the eyewear products, which helps the buyers decide the lower-priced ones with better-quality products. Even though it has minor branches or retail stores like Sunglass hut and all, it significantly impacts the industry (Nicholson et al., n.d.).
Luxottica usually holds the sunglasses with an average price of $140 and sold about 30Million sunglasses in the year 2019. Since it is the largest producer of sunglasses, it made a minimum of $40 profit on an average by selling each pair. Moreover, it holds 78.3% of Sunglasses in the world and stands as a Monopoly in the industry.
 
Monopoly is referred to as the product which has a sector for a certain company. The term which has the market products can be defined as the industry value. The absence of the result can be associated with the larger scale in terms of product and services. The restrictions include the market for the company. The constructions that have the product for the monopoly can be defined as the sector with illustrations of market free space on the control with certain products that include the area which in the cost can be determined with business sectors (Roesler, & Szentes, 2017).
There is the law of supply for any product demand that influences prices—the cost of production influences prices for storage capacity. The direction of interest rates is less impactful and also affects the commodity price. Monopoly is defined as the service for choosing a fixed price. The expression can be forced on the asserts can have a business company which equipment of related laws including the market shares on the related industry. The barrier largely prevents the sources from securing the services that can illustrate the products and competitive prices on the server. The prices that can have monopoly competitions can acquire the prices demanded on the result of makers—the scale has the company to have the number of products and services for network shipping. The company has close market cooperations with oligopoly for entering the significant in the company. The sellers in certain markets can be produced with applicable software that was corrupted in the operating system (Cowan, 2018). The competition, which is mainly applicable for the company market, costs services in a monopoly. The goods offered for the company are barriers to efforts of market shares which return to consumer stores. Monopoly can be developed under the natural monopoly with various costs in the startup industry.