🎯monopolization

noun
məˌnɒp.ə.laɪˈzeɪ.ʃən

Meaning

The process by which a company gains exclusive control over a commercial activity.
The process of gaining exclusive possession or control of a trade, commodity, or service.

Example Sentences

The monopolization of industries can limit consumer choices.

The monopolization of industries can limit consumer choices.

Synonyms

domination, exclusivity, control
Entry 1
domination, exclusivity, control
Entry 2
domination, exclusivity, control

Antonyms

competition, free market, decentralization
Entry 1
competition, free market, decentralization
Entry 2
competition, free market, decentralization

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