Pronunciation: /məˈnɑːpəli/
noun a company or group having exclusive control
A1 A monopoly is when one company has complete control over a particular product or service.
A2 The government regulates monopolies to prevent unfair competition.
B1 The company was accused of creating a monopoly in the market by buying out all its competitors.
B2 The monopoly of the tech giant has raised concerns about consumer choice and innovation.
C1 Antitrust laws are in place to prevent companies from forming monopolies that harm consumers.
C2 The company's monopoly in the industry has led to calls for stricter regulations to promote fair competition.
formal The company was accused of engaging in anti-competitive practices to maintain its monopoly in the market.
informal I heard that company has a monopoly on that product, they're the only ones selling it.
slang That company totally monopolizes the industry, it's unfair to the smaller businesses.
figurative His ego had a monopoly on the conversation, not letting anyone else get a word in.
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