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Definitions from the Web

Monopoly

Description:

Monopoly refers to an exclusive control or possession of a particular market by a single company or individual, allowing them to dictate prices, restrict competition, and dominate the industry.

Parts of Speech:

• Noun
• Verb

Senses:

Noun:

1. A game in which players aim to buy and develop properties, charge rent, and bankrupt opponents, while attempting to control the entire board.
2. The complete control and domination of a market by a single company, which leads to limited or no competition.
3. A company or individual that possesses exclusive control over a particular market or industry.

Verb:

1. To obtain exclusive control or possession of a market or industry, limiting or eliminating competition.

Examples:

Noun:

1. Playing Monopoly with my family is always a fun and competitive experience.
2. The telecommunications giant achieved a monopoly in the region, effectively controlling all communication services.
3. The government had to intervene to break up the monopoly held by the oil company, as it was hurting consumers.

Verb:

1. The corporation aimed to monopolize the market by buying out its competitors and limiting customer choices.

Related Products:

Monopoly Board Game
Monopoly Strategy Guide
Monopoly Electronic Banking