Monopolistic (Adjective)
Meaning
Having exclusive control over a commercial activity by possession or legal grant.
Classification
All adjective clusters.
Examples
- The government investigated the company for engaging in monopolistic practices that stifled competition in the market.
- The monopolistic control of the industry by a single corporation led to higher prices and reduced innovation.
- Critics argued that the patent granted to the tech giant was monopolistic, allowing it to dominate the market without fear of competition.
- The company's monopolistic grip on the industry made it nearly impossible for new entrants to gain a foothold.
- Regulatory agencies sought to break up the monopolistic conglomerate, citing concerns over its unfair market influence.