Monopolize: meaning, definitions and examples

๐Ÿ“ˆ
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monopolize

 

[ mษ™หˆnษ’pษ™laษชz ]

Verb
Context #1 | Verb

business control

To monopolize means to obtain exclusive control over a commodity or service in a market, effectively eliminating competition. This can lead to a market situation where one entity dominates and influences prices, availability, and distribution without checks from other market players. Monopolization can occur through various means, such as mergers, acquisitions, or underhanded practices that push competitors out of the market. Anti-monopoly laws are put in place to prevent this from happening and to promote fair competition.

Synonyms

control, corner, dominate

Examples of usage

  • The company tried to monopolize the smartphone market.
  • Critics say the merger will allow them to monopolize advertising space.
  • Large corporations often monopolize resources, making it hard for startups to compete.

Translations

Translations of the word "monopolize" in other languages:

๐Ÿ‡ต๐Ÿ‡น monopolizar

๐Ÿ‡ฎ๐Ÿ‡ณ เคเค•เคพเคงเคฟเค•เคพเคฐ เค•เคฐเคจเคพ

๐Ÿ‡ฉ๐Ÿ‡ช monopolisieren

๐Ÿ‡ฎ๐Ÿ‡ฉ monopoli

๐Ÿ‡บ๐Ÿ‡ฆ ะผะพะฝะพะฟะพะปั–ะทัƒะฒะฐั‚ะธ

๐Ÿ‡ต๐Ÿ‡ฑ monopolizowaฤ‡

๐Ÿ‡ฏ๐Ÿ‡ต ็‹ฌๅ ใ™ใ‚‹ (ใฉใใ›ใ‚“ใ™ใ‚‹)

๐Ÿ‡ซ๐Ÿ‡ท monopoliser

๐Ÿ‡ช๐Ÿ‡ธ monopolizar

๐Ÿ‡น๐Ÿ‡ท tekelci olmak

๐Ÿ‡ฐ๐Ÿ‡ท ๋…์ ํ•˜๋‹ค (๋…์ ํ•˜๋‹ค)

๐Ÿ‡ธ๐Ÿ‡ฆ ุงุญุชูƒุงุฑ

๐Ÿ‡จ๐Ÿ‡ฟ monopolizovat

๐Ÿ‡ธ๐Ÿ‡ฐ monopolizovaลฅ

๐Ÿ‡จ๐Ÿ‡ณ ๅž„ๆ–ญ (lว’ngduร n)

๐Ÿ‡ธ๐Ÿ‡ฎ monopolizirati

๐Ÿ‡ฎ๐Ÿ‡ธ eina einokun

๐Ÿ‡ฐ๐Ÿ‡ฟ ะผะพะฝะพะฟะพะปะธัา“ะฐ ะฐะนะฝะฐะปะดั‹ั€ัƒ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ›แƒแƒœแƒแƒžแƒแƒšแƒ˜แƒ–แƒแƒชแƒ˜แƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ monopolizasiya

๐Ÿ‡ฒ๐Ÿ‡ฝ monopolizar

Etymology

The word 'monopolize' derives from the Greek word 'monopolion', which means 'a selling alone'. It was formed by combining 'mono-', meaning 'one' or 'single', and 'polein', meaning 'to sell'. The term began to be used in English in the early 17th century to describe the act of gaining exclusive possession of a trade or service. As economies evolved, so did the implications of monopolization, especially in emerging markets during the industrial revolution. With the advent of anti-trust laws in the late 19th and early 20th centuries, the concept of monopolizing became significant in legal discussions about market control and the balance between businesses and consumer rights. Over time, the use of the word has expanded into various socio-economic discussions, reflecting the ongoing concern about corporate power and consumer welfare.

Word Frequency Rank

Positioned at #20,756, this word is part of extensive vocabulary. It's relatively rare in general usage but may be important in specific fields or formal writing.