[jevgeni]

No. Monopoly is a form of market organization. Having a uniquely specific product doesn't make it a monopoly. If I introduce a new five-wheeled bicycle to the market, that doesn't mean I have a monopoly on the bicycle market.

[corin_]

No, monopoly is about being the only one doing something, not about "marketing organization".

If you invent the first bicycle and nobody else makes them then you do indeed have a monopoly on the bicycle market. The difference is just that we define "bicycle" as the market, not "5-wheeled bicycle".

[jevgeni]

Monopoly, monopsony, oligopoly, etc., are all forms of market organization. This is textbook.

[Update] Here we go: https://en.wikipedia.org/wiki/Industrial_organization#Market...

[marrs]

or a pentacycle :)

https://horshamphotography.files.wordpress.com/2014/10/img_5...

[jevgeni]

This is the best thing ever.