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monopoly power that is not due to government regulation

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Please help with the following problem. Include references in the solution.

Describe a real life situation of a firm having type monopoly power that is not due to government regulation. What is the source of their monopoly power and how do they exploit it?

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An example of monopoly power that is not due to government regulation is embedded. References are also provided to further validate the findings.

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Problem: Describe a real life situation of a firm having type monopoly power that is not due to government regulation. What is the source of their monopoly power and how do they exploit it?

As per Econlib, "Monopoly is an enterprise that is the only seller of a good or service. In the absence of government intervention, a monopoly is free to set any price it chooses and will usually set the price that yields the largest possible profit.?
Monopoly is a form of market structure, where there is domination of one company in the market. As per Econlib, Successful monopolists charge prices above what they ...

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