What are the cons for monopolistic marketing

[Stardom22]

It can lead to exploitation of consumer resources among other negative effects

 

[Magnus2022]

Monopoly destroys creative and innovations because it does not give humans privilege to challenge the status quo. Monopolistic marketing is actually not possible because customers have no option except to buy from the only existing company.

 

[Passiveearner]

It can lead to exploitation of consumer resources among other negative effects

I think that this kind of market eliminates competition and this is why this is not considered a good kind of marketing strategy and policy by many people.

 

[nomad]

IN terms of business perspective monopoly is actually good, however, for consumers, monopoly is not good.

 

[Niyi Briggs]

Anything that has to do with monopoly equates directly with exploitation for me. When there is no competition, there is a tendency that the operator would act haphazardly.