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monopolistic

monopolistic

7 8.1
Having complete control of a market so other companies cannot compete
  • adjective
  • /məˌnɑːpəˈlɪstɪk/
translation icon : monopolístico
  • The company was criticized for its monopolistic practices that effectively pushed smaller competitors out of business.
  • monopolistic power
  • monopolistic pricing
  • monopolistic firms

You know, Bill Gates was taken before the Supreme Court for monopolistic practices.

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Examples

  • The US Department of Justice is suing Apple over monopolistic behavior and for what it says is violation of antitrust laws.

  • Abstract: The electric industry's monopolistic reign is coming to an end.

    Academic text (2000)
  • Our economic structure is still the most monopolistic in the world.

    Academic text (1991)
  • However, because they are monopolistic, their operational policies have to be based on the interests of all people.

    Academic text (2000)
  • More directly and of greater concern is that federal student aid has enabled monopolistic practices by schools.

    Academic text (1997)
  • For instance, rural hospitals are often in a monopolistic position.

    Academic text (2017)
  • Colleges and universities have greater monopolistic power today than ever before.

    Academic text (1997)
  • Our main point is that this monopolistic alternative deserves serious consideration.

    Academic text (1998)
  • Measures should also be taken to alleviate any existing monopolistic arrangements.

    Academic text (1996)
  • The Soviet-style system has left as its legacy a highly centralized, monopolistic economy dominated by heavy industries.

    Academic text (1991)

Synonyms

noncompetitive
vsmonopolistic
2 4.2

An activity or position that does not involve trying to win

means having exclusive control that removes competing firms
anticompetitive
vsmonopolistic
  • Specialized
1 7.1

Limiting competition between companies in an unfair way

refers to having exclusive control often by ownership or legal right

Antonyms

375 3.3

About business or markets where companies try to win customers

How Monopolistic

monopolistic
7 8.1
exclusive
399 5.4
dominant
159 4.2
leading
3.1
competitive
375 3.3

Surface Forms

monopolistic positive

Morphology

monopolistic = monopolist (transparent) = monopoly + ist + ic

Derived from 'monopolist' + '-ic', producing an adjective meaning 'relating to or characteristic of a monopoly', a straightforward adjectival formation.

Etymology

The word monopolistic comes from Greek parts mono- meaning 'one' and polein meaning 'to sell', and it is the same idea as monopoly, where one seller controls the market. So, a monopolistic company has 'exclusive control' over a product or service.