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monopoly - definition and synonyms

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noun     monopoly pronunciation in British English
Word Forms
  1. 1
    [countable] economics a company that has complete control of the product or service it provides because it is the only company that provides it

    It is the government’s intention to break up all monopolies.

    1. a.
      [countable/uncountable] complete control over something by one organization or person
      a virtual/near monopoly:

      The company has a virtual monopoly on tea sales.

      enjoy/exercise/have/hold a monopoly:

      He did not enjoy an absolute monopoly.

  2. 2
    [singular] something that only one person or group of people has
    have a monopoly on:

    Celebrities don’t have a monopoly on being interesting.



a rainbow produced when water droplets in the air reflect light from the moon rather than the sun

BuzzWord Article

Open Dictionary

platform capitalism

a way of doing business that involves recruiting large numbers of people who work for themselves using the company's platform, as used by companies such as Uber, Deliveroo and the like

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