Monopolizing: meaning, definitions and examples
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monopolizing
[ məˈnɑːpəˌlaɪzɪŋ ]
market control
Monopolizing refers to the act of dominating a market or industry by controlling the supply or production of a good or service. This often results in reducing competition and potentially leading to higher prices and reduced variety for consumers. Such practices are typically regulated by government entities to preserve fair market competition.
Synonyms
commanding, controlling, dominating, seizing.
Examples of usage
- The company has been accused of monopolizing the tech industry.
- Regulatory bodies are investigating the monopolizing behavior of the corporation.
- Many fear that monopolizing will stifle innovation.
- The firm was penalized for monopolizing the telecommunications market.
Translations
Translations of the word "monopolizing" in other languages:
🇵🇹 monopolizando
🇮🇳 एकाधिकार करना
🇩🇪 monopolisierend
🇮🇩 memonopoli
🇺🇦 монополізуючи
🇵🇱 monopolizując
🇯🇵 独占している
🇫🇷 monopolisant
🇪🇸 monopolizando
🇹🇷 monopolize etmek
🇰🇷 독점하는
🇸🇦 احتكار
🇨🇿 monopolizující
🇸🇰 monopolizujúci
🇨🇳 垄断
🇸🇮 monopolizirajoč
🇮🇸 eininga
🇰🇿 монополиялау
🇬🇪 მონოპოლიზაცია
🇦🇿 monopolizasiya
🇲🇽 monopolizando
Etymology
The term 'monopolize' originates from the Greek word 'monopolis,' which means 'a person who acts alone.' This word combines 'monos,' meaning 'single' or 'alone,' with 'polein,' which translates to 'sell.' The concept evolved through Latin, before being adopted into Middle French as 'monopoliser.' By the late 19th and early 20th centuries, the term became prominent in economic discussions as industries began to consolidate and fewer companies emerged to control entire markets. With the rise of corporations in the modern era, monopolizing has been scrutinized by governments around the world, leading to antitrust laws aimed at preventing such market behaviors.