monopoly Definition and Meaning in English (monopoly definition)
nounMonopoly definition: A monopoly is the exclusive possession or control of the supply of or trade in a commodity or service.
Definitions of Monopoly
- 1noun
A monopoly is the exclusive possession or control of the supply of or trade in a commodity or service.
- 2noun
It can also refer to a company or group that has exclusive control over a particular market.
Example Sentences
“The company holds a monopoly on the production of microchips.”
“The government aims to break up the tech giant's monopoly.”
“He has a virtual monopoly on the local market for organic vegetables.”
Synonyms
Antonyms
Topics & Categories
Topic & ExploreInflected Word Forms
Phrases & Idiomatic Expressions
To end an exclusive control or dominance in a market.
To possess exclusive control over something, especially a market or resource.
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