Can denel be regarded as a monopoly in South Africa

The correct answer is - Yes, it can be regarded as a monopoly.

Explanation:

Denel Pvt. Ltd. was founded as a private company, it has various industries but the major one is weaponry, therefore, it is not a typical consumer-oriented corporation.

Denel has the power to destroy, which other consumer items and services do not have or are not meant to accomplish.

Denel enterprise is considered a monopoly more of a private monopoly that does not eliminate monopoly's power or the prospect of misusing as in absence of competition they can drop production and increase prices at the expense of customers

trade regulation is a field of law, often bracketed with antitrust (as in the phrase “antitrust and trade regulation law”), including government regulation of unfair methods of competition and unfair or deceptive business acts or practices. antitrust law is often considered a subset of trade regulation law. franchise and distribution law, consumer protection law, and advertising law are sometimes considered parts of trade regulation law.

in general the theory of economics says that the more open to trade a country is the better   the result for the same country and the whole economies.

in real life countries impose taxes, quotas, etc which is not so good for the economies.

this kind of commercial war between the usa and china is slowing down the growth of the whole world so we can say that it is a draw back of trade regulations. and the free trade agreements are benefits of trade regulations.