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Definitions from WordNet

Definitions from the Web

Monopolization

Description:

Monopolization refers to the process by which a single company or entity gains exclusive control or dominates a particular market or industry. It involves eliminating or minimizing competition in order to maintain a market advantage.

Examples:

1. The government is taking legal action against the tech giant for monopolization in the smartphone industry.
2. The monopolization of the diamond trade by a single company has led to skyrocketing prices.
3. His aggressive business tactics resulted in the monopolization of the local grocery market.

Possible Related Products on Amazon:

Antitrust laws

Competition policy

Market dominance