monopolistic (B2)
adjective
Pronunciation: /məˌnɒpəˈlɪstɪk/
Definition
Relating to or characteristic of a monopoly, where one entity has exclusive control over a commodity or service.
Examples
The government investigated the company's monopolistic practices.
Critics argued that the merger would lead to monopolistic power.
His monopolistic approach to business stifled competition.
How to Use monopolistic
- monopolistic competition (collocation)
- A market structure with many firms selling similar but not identical products. — "Monopolistic competition is common in industries like restaurants and clothing."
- monopolistic practices (collocation)
- Actions taken by a company to gain or maintain exclusive control over a market. — "Antitrust laws are designed to prevent monopolistic practices."
Synonyms of monopolistic
Words with a similar meaning to monopolistic:
Antonyms of monopolistic
Words with the opposite meaning to monopolistic:
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