The meaning of MONOPOLY is exclusive ownership through legal privilege, command of supply, or concerted action; specifically : exclusive control of a particular market that is marked by the …

A monopoly (from Greek μόνος, mónos, 'single, alone' and πωλεῖν, pōleîn, 'to sell') is a market in which one person or company is the only supplier of a particular good or service.

Sep 26, 2025 · A monopoly is a market structure characterized by a single seller or producer that dominates an industry.

A monopoly is when a single company or entity creates an unreasonable restraint of competition in a market. The term “monopoly” is often used to describe instances where there is a single …

A monopoly implies an exclusive possession of a market by a supplier of a product or a service for which there is no substitute. In this situation the supplier is able to determine the price of the …

Oct 28, 2024 · A pure monopoly is defined as a single seller of a product, i.e. 100% of market share. In the UK a firm is said to have monopoly power if it has more than 25% of the market …

A monopoly is an enterprise that is the only seller of a good or service. In the absence of government intervention, a monopoly is free to set any price it chooses and will usually set the …

MONOPOLY definition: exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices. See examples of monopoly used in a …

Dec 8, 2023 · What Is a Monopoly? A monopoly is a market where one business acts as the only supplier of a good or service.

adjective us / məˌnɑp·əˈlɪs·tɪk / a monopolistic system (Definition of monopoly from the Cambridge Academic Content Dictionary © Cambridge University Press)