Monopoly
volume
British pronunciation/mənˈɒpəli/
American pronunciation/məˈnɑpəɫi/

Definition & Meaning of "monopoly"

Monopoly
01

a type of board game in which players use game currency to buy buildings or streets represented on the board

Wiki
monopoly definition and meaning
02

the exclusive authority or ownership over a particular resource or domain

2.1

a situation in which one organization or entity exclusively controls the production, distribution, or trade of a product or service, making other rivals unable to compete

example
Example
examples
The emergence of alternative energy sources is challenging the traditional monopoly of fossil fuel industries.
Many indie bookstores face challenges in a landscape dominated by the monopoly of major online retailers.
03

in the same way as; like

example
Example
examples
The emergence of alternative energy sources is challenging the traditional monopoly of fossil fuel industries.
The prince had a monopoly over the region's diamond mines, ensuring his unmatched affluence.
Historically, certain families held a monopoly on trade routes, solidifying their economic dominance.
Permitting unchecked corporate monopolies sets a dangerous precedent for fair competition in the market.
Many indie bookstores face challenges in a landscape dominated by the monopoly of major online retailers.
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