Monopolistic control: meaning, definitions and examples
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monopolistic control
[ məˌnɒpəˈlɪstɪk kənˈtrəʊl ]
business regulation
The exclusive possession or control of the supply of or trade in a commodity or service.
Synonyms
dominance, hegemony, monopoly power.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| monopolistic control |
Use when referring to a single entity having exclusive control over a market or industry, often implying unfair practices.
|
| monopoly power |
Refers to the ability of a monopoly to influence prices and control the market, usually discussed in economic and legal frameworks.
|
| dominance |
Appropriate for situations where one entity surpasses others in influence or power, not necessarily implying unfair practices. It can be positive or negative depending on context.
|
| hegemony |
Typically used in a political, cultural, or social context to describe leadership or predominant influence of one group over others, often with a negative connotation.
|
Examples of usage
- Monopolistic control of the energy market can lead to higher prices for consumers.
- Antitrust laws aim to prevent companies from gaining monopolistic control over industries.
Translations
Translations of the word "monopolistic control" in other languages:
🇵🇹 controle monopolista
🇮🇳 एकाधिकार नियंत्रण
🇩🇪 monopolistische Kontrolle
🇮🇩 kontrol monopolistik
🇺🇦 монополістичний контроль
🇵🇱 kontrola monopolistyczna
🇯🇵 独占的支配 (dokuseiteki shihai)
🇫🇷 contrôle monopolistique
🇪🇸 control monopolístico
🇹🇷 tekel kontrolü
🇰🇷 독점적 통제 (dogjeomjeok tongje)
🇸🇦 السيطرة الاحتكارية
🇨🇿 monopolní kontrola
🇸🇰 monopolná kontrola
🇨🇳 垄断控制 (lǒngduàn kòngzhì)
🇸🇮 monopolistični nadzor
🇮🇸 einkasölustjórn
🇰🇿 монополиялық бақылау
🇬🇪 მონოპოლიური კონტროლი
🇦🇿 monopol nəzarəti
🇲🇽 control monopólico
Etymology
The concept of monopolistic control dates back to the early days of industrialization, when powerful companies sought to dominate markets and eliminate competition. This led to the development of antitrust laws and regulations to promote fair competition and protect consumers. Over the years, there have been various cases where companies have been accused of abusing their monopolistic control, leading to legal battles and changes in business practices.