Monopolist

usgb/məˈnɑːpəlɪst/
noun

A person or business that is the only provider of a good or service.

The diamond company became a monopolist after buying off all other competitors.
Visual representation of "monopolist" - A person or business that is the only provider of a good or service.

Often appears as...

  • become a monopolist
  • act as a monopolist

Usage tips

Disapproving

Economic

Definition 1 of 1
Visual representation of "monopolist"
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Market Power

Describes a situation where a business can dictate terms due to lack of competition.

Illustration for Market Power
As a monopolist, the company set high prices for its products.
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Negative Connotation

Often viewed negatively as it may lead to unfair practices and higher prices for consumers.

Illustration for Negative Connotation
People were upset when the internet provider became a monopolist.
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Economic Context

Used mainly in economic discussions about market dynamics and competition.

Illustration for Economic Context
The economist accused the tech giant of being a monopolist.
Visual representation of the word "Monopolist"

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