One-seller

A 'one-seller' refers to a business or entity that controls the entire supply of a specific good or service within a defined market, holding a monopoly over its distribution. This singular entity has absolute power to determine the price, quantity, and features of the offered product, with no direct competition. This situation typically arises due to factors such as unique intellectual property, exclusive access to resources, or regulatory barriers that restrict other providers' entry into the market.

One-seller meaning with examples

• The pharmaceutical company, holding an exclusive patent, became the sole one-seller for the life-saving drug, leading to controversy over its pricing strategy. The situation highlights how patent protection created a market with no competition.
• In a remote village, the local well-drilling company became the one-seller for water, giving them complete pricing control. Without other options, residents were forced to pay high costs for a vital resource, regardless of quality.
• During the gold rush, a single merchant became the one-seller of essential supplies to the miners, allowing them to inflate prices due to a captive consumer base. This market control led to massive profits.
• A specialized software company gained a one-seller position for a proprietary industry-specific program. The business saw its customer service standards slip as their customers had no options to find an alternative.
• Due to a natural disaster, a single construction company became the one-seller for rebuilding services in a town. Residents, desperate to rebuild, were reliant on the company’s pricing decisions and timeline.