Monopoly

Meaning

Noun

●

, by

or other

, in which

one

(company,

etc.)

provides a particular product or service,

that market and

control over it.

●

An exclusive control over the

trade

or production of a

commodity

or service through exclusive possession.

●

The

the

such control.

●

The market thus controlled.

●

The

holder

(person, company or other) of such market

domination

in one

of the above manners.

Name

●

in which

use

and

, with the

into bankruptcy.

Sourced from

Wiktionary

Origin

monopoly

English

monopolium

Latin

μονοπώλιον

Ancient Greek (to 1453)

Sourced from

Etym

Antonyms

Monopsony

Join 10 million students and professionals writing 70% faster at QuillBot.com

Start writing better