Monopolist: meaning, definitions and examples
๐ผ
monopolist
[ mษหnษp.ษ.lษชst ]
market condition
A monopolist is a person or entity that holds exclusive control over a commodity or service in a market, effectively eliminating competition. This allows the monopolist to set prices and dictate terms, often leading to higher prices for consumers and potential market abuses.
Synonyms
exclusive seller, single seller, sole provider.
Examples of usage
- The monopolist raised prices significantly after eliminating competitors.
- In a monopolist market, consumers have limited choices.
- The government imposed regulations to prevent monopolist practices.
Translations
Translations of the word "monopolist" in other languages:
๐ต๐น monopolista
๐ฎ๐ณ เคเคเคพเคงเคฟเคเคพเคฐเคตเคพเคฆเฅ
๐ฉ๐ช Monopolist
๐ฎ๐ฉ monopolis
๐บ๐ฆ ะผะพะฝะพะฟะพะปััั
๐ต๐ฑ monopolista
๐ฏ๐ต ็ฌๅ ่
๐ซ๐ท monopoliste
๐ช๐ธ monopolista
๐น๐ท tekelleลen
๐ฐ๐ท ๋ ์ ์
๐ธ๐ฆ ู ุญุชูุฑ
๐จ๐ฟ monopolista
๐ธ๐ฐ monopolista
๐จ๐ณ ๅๆญ่
๐ธ๐ฎ monopolist
๐ฎ๐ธ einnokun
๐ฐ๐ฟ ะผะพะฝะพะฟะพะปะธัั
๐ฌ๐ช แแแแแแแแแกแขแ
๐ฆ๐ฟ monopolist
๐ฒ๐ฝ monopolista
Etymology
The term 'monopolist' derives from the Greek word 'monopolein', which means 'to sell alone'. The prefix 'mono-' means 'one', indicating a single entity, while 'polein' translates to 'to sell'. The concept of monopoly dates back to the 16th century in Europe, but it gained prominence in the late 19th and early 20th centuries during the rise of large corporations. As industries consolidated, the term began to take on negative connotations associated with anti-competitive behavior. In modern economics, the study of monopolists and monopolistic markets has led to regulatory frameworks aimed at promoting competition and protecting consumers.
Word Frequency Rank
Positioned at #23,054, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.
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