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monopolistic
[muh-nahp-uhl-ist-ik]
Example Sentences
These intermediaries have created unnecessary complexity and costs, all while profiting from a monopolistic model that limits a company from communicating directly with its shareholders.
Live Nation is currently facing a sweeping federal antitrust lawsuit in the U.S., alleging monopolistic practices, following heated Senate hearings the wake of Taylor Swift’s Eras tour on-sale debacle.
“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.”
Last year, the Department of Justice filed a lawsuit against Live Nation, which suggested breaking up the company due to its alleged monopolistic practices.
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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