LookItUpmonopoly
Meaning in simple English, pronunciation and examples
Pronunciation: US /məˈnɑpəli/ · UK /məˈnɒpəli/
Forms: monopolies
monopoly means: A situation where one company controls nearly all sales of a product or service, with little competition.
noun
A situation where one company controls nearly all sales of a product or service, with little competition.
- The company has a monopoly.
- Without competition, a monopoly can charge high prices.
- The government acted to break the firm’s monopoly on telephone services.
Questions about monopoly
What does monopoly mean?
A situation where one company controls nearly all sales of a product or service, with little competition.
What is monopoly in other languages?
Türkçe: tekel · Español: monopolio · Français: monopole · Deutsch: Monopol · Italiano: monopolio · 日本語: 独占
How do you pronounce monopoly?
In American English /məˈnɑpəli/; in British English /məˈnɒpəli/.
How do you use monopoly in a sentence?
The company has a monopoly. Without competition, a monopoly can charge high prices.
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