Definition of monopoly
1 : exclusive ownership through legal privilege, command of supply, or concerted action
2 : exclusive possession or control no country has a monopoly on morality or truth— Helen M. Lynd
3 : a commodity controlled by one party had a monopoly on flint from their quarries— Barbara A. Leitch
4 : one that has a monopoly The government passed laws intended to break up monopolies.
Love words? Need even more definitions?Merriam-Webster unabridged
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