monopolistic

[muh-nahp-uhl-ist-ik]

adjective

1. advocating, characterized by, or tending toward monopoly.

Example Sentences

“We’ve been through geopolitical issues, monopolistic practices, government protective policies, but we know one thing: that when it comes to trade, it’s very resilient.”

Read more on The Wall Street Journal

Last year, the Department of Justice filed a lawsuit against Live Nation, which suggested breaking up the company due to its alleged monopolistic practices.

Read more on Los Angeles Times

Economists and antitrust experts predicted that the creation of a monopolistic supermarket giant would almost surely add inflationary pressure to food prices.

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The suit argues that the companies’ actions violate the Sherman Act, a cornerstone of U.S. antitrust law passed in 1890 that prohibits business practices that restrict competition, such as price-fixing and monopolistic behavior.

Read more on Salon

In May, the Justice Department sued the company to break up the dominant concert promoter and ticket seller, accusing the combined firm of monopolistic practices.

Read more on Los Angeles Times