Monopoly

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Monopoly Meaning and Definition in Dictionary

Definitions from Wordnet 2.0


  • a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die
  • exclusive control or possession of something; "They have no monopoly on intelligence"
  • (economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price you like"

Definitions from Wiktionary


  • (economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price you like" ,
  • exclusive control or possession of something; "They have no monopoly on intelligence" ,
  • a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die

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Monopoly Meaning and Definition in Wikipedia


In economics, a monopoly (from the Greek monos, one + polein, to sell) is when a product or service can only be bought from one supplier. In many places, utilities such as telephone service or cable television are monopolies. The market is owned/dominated mainly by one company.

Many countries, including the United States, have laws to stop companies from having a monopoly.



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