- exclusive control of a commodity or service in a particular market, or a control that makes possible the manipulation of prices.Compare duopoly, oligopoly.
- an exclusive privilege to carry on a business, traffic, or service, granted by a government.
- the exclusive possession or control of something.
- something that is the subject of such control, as a commodity or service.
- a company or group that has such control.
- the market condition that exists when there is only one seller.
- (initial capital letter) a board game in which a player attempts to gain a monopoly of real estate by advancing around the board and purchasing property, acquiring capital by collecting rent from other players whose pieces land on that property.
Origin of monopoly
Related Words for monopoliespatent, trust, cartel, holding, ownership, syndicate, proprietorship, corner, pool, copyright, oligopoly, consortium, possessorship
Examples from the Web for monopolies
Contemporary Examples of monopolies
The left has been ceded a monopoly on caring about black people, and monopolies are dangerous.When America Said "No" to the War on Segregation
February 4, 2014
The Tory government was legally bound to refer the bid to the Monopolies and Mergers Commission.The Murdoch and Thatcher Meetings: What Really Happened
March 17, 2012
These acquisitions required a reference to the Monopolies Commission.Rupert Murdoch's BSkyB Bid Is His Latest Move for Control
January 30, 2011
American newspapers in most markets are monopolies, which, Evans suggests, takes a bit of fire out of their reporting and writing.November 29: 7 Best Moments From Sunday Talk
The Daily Beast Video
November 29, 2009
His pitch was to lend to the struggling governments of Europe in exchange for monopolies on the production and sale of matches.The Original Bernie Madoff
April 24, 2009
Historical Examples of monopolies
Monopolies do harm on the whole, but they certainly elevate the favoured few.Homeward Bound
James Fenimore Cooper
I require the abolition of privileges, of titles, and of monopolies.L'Assommoir
For instance, he got after the monopolies, and the cost of living is twenty per cent.The Plum Tree
David Graham Phillips
Railroads are owned by governments in most countries, and monopolies often are.Socialism As It Is
William English Walling
Monopolies of this kind are begotten by fraud and nurtured by error.Sophisms of the Protectionists
- exclusive control of the market supply of a product or service
- an enterprise exercising this control
- the product or service so controlled
- 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
- exclusive control, possession, or use of something
Word Origin for monopoly
- trademark 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
"exclusive control of a commodity or trade," 1530s, from Latin monopolium, from Greek monopolion "right of exclusive sale," from mono- + polein "to sell," from PIE root *pel- (5) "to sell" (cf. Sanskrit panate "barters, purchases," Lithuanian pelnas "gain," Old Church Slavonic splenu, Russian polon "prey, booty," Old Norse falr, Dutch veil, German feil "for sale, venal").
Alternative form monopole (1540s, from the Old French form of the word) was common in 16c. The popular board game, invented by Charles Darrow, is from 1935. Monopoly money "unreal currency" is attested from 1972, in reference to the paper used in the game.
The exclusive control by one company of a service or product.