English / word
Monopoly
noun C1MEANING IN ENGLISH
The exclusive possession or control of the supply of or trade in a commodity or service in a particular market.
In context
01
The company has a monopoly on internet services in the area.
02
The company has a monopoly on electric car production.
Synonyms
exclusive control,dominance,hegemony
Antonyms
competition,free market,rivalry
Collocations
break a monopoly,government monopoly,market monopoly