|Origin:||monopolium, from Greek, from mono- ( MONO-) + polein 'to sell'|
Related topics: Business Basics
mo‧nop‧o‧ly plural monopolies
if a company or government has a monopoly of a business or political activity, it has complete control of it so that other organizations cannot compete with it
They are demanding an end to the Communist Party's monopoly of power.
the state monopoly of television
a large company that controls all or most of a business activity:
The company is a state-owned monopoly.
if someone has a monopoly on something, that thing belongs to them, and no one else can share it:
Teachers do not have a monopoly on educational debate.