Monopoly


The meaning of the word Monopoly is: the state in which one entity or individual dominates an entire industry or market


Examples:

In the game of Monopoly, players strive to own all the properties of a specific color in order to increase their rental fees.

published by Crystle on 2021-03-01 11:56:49


The local cable company has a monopoly on high speed Internet because it offers the only web access in town.

published by Mitsue on 2021-10-17 00:18:00


Because the development company owns all of the downtown properties, it has a real estate monopoly in the area.

published by Hyon on 2021-05-28 04:51:06


Anti-trust laws have been enacted to prevent companies from disrupting fair trade by obtaining a monopoly in a specific industry.

published by Vaughn on 2021-04-28 12:04:28


When satellite television systems became popular, cable companies lost their monopoly on the home entertainment market.

published by Regine on 2021-02-18 03:46:09


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