Encyclopedia

monopoly

Also found in: Dictionary, Legal, Financial, Idioms, Wikipedia.
(redirected from monopolism)

monopoly

1. exclusive control of the market supply of a product or service
2. 
a. an enterprise exercising this control
b. the product or service so controlled
3. Law the exclusive right or privilege granted to a person, company, etc., by the state to purchase, manufacture, use, or sell some commodity or to carry on trade in a specified country or area

Monopoly

™ a board game for two to six players who throw dice to advance their tokens around a board, the object being to acquire the property on which their tokens land
www.hasbro.com/monopoly
Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005

monopoly

a commodity market for a particular product dominated by a single producer, who is thus able to control prices. Where a small number of producers dominate a market the term oligopoly is used. Compare PERFECT COMPETITION.
Collins Dictionary of Sociology, 3rd ed. © HarperCollins Publishers 2000
Mentioned in
References in periodicals archive
A generous living wage would lead to monopolism as only the larger firms could afford it; a miserly living wage might keep the small workshops in business but ultimately increase the competitive advantage of the large firms.
These interpersonal tensions and obstacles become evident in such class/group behaviors as mutual withdrawal, formations of factions and alliances, clowning, scapegoating and monopolism. At times, the students with the more neutral orientation to intimacy serve as mediators and help members negotiate a common comfort zone.
Small businesses want it dead for its muscular monopolism. Non-American film makers would kill it for killing non-American film industries.
large cattle operations smacked of monopolism. (102) Stockmen, moreover,
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.