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Definitions from WordNet

Definitions from the Web

Monopolist

Description:

A monopolist is a person or entity that has exclusive control over the supply or trade of a particular product or service within a given market, resulting in limited or no competition. This unique position allows the monopolist to dictate prices and exert significant influence over the market.

Senses:

1. Noun

a) A person or company that possesses a monopoly.

b) A person with complete control over a particular industry or market.

Usage Examples:

Noun:

a) The telecommunications giant is the only monopolist in the country, leading to high prices and limited choice for consumers.

b) Despite efforts to regulate the industry, the software giant remained a powerful monopolist in the digital market.

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