Tools: Learn New Words | Secure Password Generator | Startup Tools | PDF Generator

Monopolization (Noun)

Meaning

Domination (of a market or commodity) to the exclusion of others.

Classification

Nouns denoting acts or actions.

Examples

  • The government launched an investigation into the tech giant's alleged monopolization of the online advertising market.
  • Critics argued that the merger would lead to the monopolization of the airline industry, resulting in higher prices for consumers.
  • The company's aggressive business tactics were seen as an attempt to achieve monopolization of the market, squeezing out smaller competitors.
  • The court ruled that the corporation's actions constituted monopolization of the energy sector, ordering it to divest its assets.
  • Regulators sought to prevent the monopolization of the pharmaceutical industry by imposing strict antitrust laws on companies that attempted to acquire too much market share.

Synonyms

  • Monopolisation

Related Words

  • Monopolize (verb)
  Copyright © 2024 Socielo Tech. All Rights Reserved. | Privacy Policy | Terms of use