Monopoly. National Lottery in the United Kingdom

Seminar paper from the year 2012 in the subject Economics - Micro-economics, grade: 1, , language: English, abstract: This paper explores a monopoly, the National Lottery in the United Kingdom, run bythe Camelot Group.The purpose of this study is to feature and to understand the National Lottery as amonopoly.Definition of a monopoly, analysis and interpretation of the National Lottery will bepresented. The conclusion about the necessity of the monopoly will be discussed aswell.