<p>This depends on how you define the good in question, which is a typical problem when talking about market structure. If the good is "parking at the airport " then it's probably a monopoly since most airports manage their own or through a single contractor on their property. If the good is "parking for the airport" then you have firms providing the product off airport property and there is some competition though they may differentiate through covered parking, shuttle services, etc. In this case it would be monopolistic competition. </p>

CC BY-SA 3.0
2016-10-01T15:51:57.857Z
2016-10-01T15:51:57.857Z
Hessian
<p>If there are different companies offering with different prices, but not so many companies that it is perfect competition, then it is monopolistic and not a monopoly.</p>

CC BY-SA 3.0
2016-10-01T08:23:01.083Z
2016-10-01T08:23:01.083Z
BB King
<p>If you look at it one way and group the different companies that offer parking, it could be a monopoly as that is the only place you can park. On the other hand, the different companies offer different prices and consumers can substitute.  </p>

<microeconomics><markets><monopoly><competitive-equilibrium><monopolistic-competition>
Would you consider airport parking to be a monopoly or a monopolistic market?
rra117
# Would you consider airport parking to be a monopoly or a monopolistic market?

(Asked by: username_0 on 2016-10-01)

If you look at it one way and group the different companies that offer parking, it could be a monopoly as that is the only place you can park. On the other hand, the different companies offer different prices and consumers can substitute.

**Tags:** microeconomics, markets, monopoly, competitive-equilibrium, monopolistic-competition

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## 2 answers

### Answer by username_1 on 2016-10-01. Score: 1

This depends on how you define the good in question, which is a typical problem when talking about market structure. If the good is "parking at the airport " then it's probably a monopoly since most airports manage their own or through a single contractor on their property. If the good is "parking for the airport" then you have firms providing the product off airport property and there is some competition though they may differentiate through covered parking, shuttle services, etc. In this case it would be monopolistic competition.


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### Answer by username_2 on 2016-10-01. Score: 1

If there are different companies offering with different prices, but not so many companies that it is perfect competition, then it is monopolistic and not a monopoly.


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