Sounds like a monopoly to me.
When a business starts out small and grows steadily by setting aside money for needed equipment, buildings, and additional employees, it eventually grows too large to be called a small business, but hasn't yet grown enough to be called a large business. This type of business is called a medium scale business or industry.
ceo or manager
Monopoly
Globalization- Growth to a global or worldwide scale; "the globalization of the communication industry"
When business gains complete control of an industry it is called a monopoly. In the United States, monopolies are illegal by statute.
Sounds like a monopoly to me.
A business that you have described here could be called a monopoly.
A business that produces goods or services is called an industry.
nationalization
Monopoly.
Hotel industry is one of the biggest industry in business transaction. It is also one of the largest job maker.
The acquired company does not go out of business. The acquiring company (now called the parent) usually has complete control of the acquired company (now called the subsidiary).
When a business starts out small and grows steadily by setting aside money for needed equipment, buildings, and additional employees, it eventually grows too large to be called a small business, but hasn't yet grown enough to be called a large business. This type of business is called a medium scale business or industry.
The economic policy of giving business total control of its development is called laissez-faire.
A monopoly
The type of law that regulates business industry and individuals is called Companies Law. This law covers almost every type of business, corporations and partnerships.