Why be incorrect to call monopoly A Fad?

Calling a monopoly a fad is incorrect because monopolies represent sustained market dominance rather than a temporary trend. They arise from barriers to entry, competitive advantages, or regulatory protections that allow a single entity to control a market over time. Unlike fads, which are short-lived and often driven by consumer whims, monopolies can persist for years or even decades, significantly impacting prices, innovation, and consumer choice. Therefore, labeling a monopoly as a fad undermines its complex economic implications and stability.