MINIMARKET BRAND MONOPOLY BY CORPORATIONS (LESSONS FROM THE HADITH OF ISLAMIC ECONOMICS)

Abstract

This research aims to describe and explain the monopoly of minimarket brands carried out by corporations with an Islamic economic approach and business arrangements in Islam. This research is an exploratory descriptive method to get a complete picture and explanation and focus on the object of monopoly of the minimarket brand by corporations according to an Islamic business perspective. The phenomenon of retail business monopoly on large corporate minimarket brands began in the last decade. The opening of minimarket brand business branches in various locations with tens of thousands has impacted small business actors such as grocers of grocery kiosks and traditional markets. Islam has regulated the regulation of business carried out by individuals in such a way. The goal is to create healthy market competition and get profits without harming any party.