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monopolization
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monopolization
noun
məˌnɒp.ə.laɪˈzeɪ.ʃən
Meaning
The process by which a company gains exclusive control over a commercial activity.
The process of gaining exclusive possession or control of a trade, commodity, or service.
Example Sentences
The
monopolization
of industries can limit consumer choices.
The
monopolization
of industries can limit consumer choices.
Synonyms
domination, exclusivity, control
Entry 1
domination, exclusivity, control
Entry 2
domination, exclusivity, control
Antonyms
competition, free market, decentralization
Entry 1
competition, free market, decentralization
Entry 2
competition, free market, decentralization
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