Monopolistic

usgb/məˌnɑːpəˈlɪstɪk/
adjective

Relating to one organisation or group having control of supply in a market.

Some people argue that monopolistic practices lead to less competition in the market.
Visual representation of "monopolistic" - Relating to one organisation or group having control of supply in a market

Often appears as...

  • monopolistic practices
  • monopolistic control
Definition 1 of 2
Visual representation of "monopolistic"
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Market control

Used when discussing situations where one company has excessive influence over the market.

Illustration for Market control
Their monopolistic control sets prices for the entire industry.
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Less competition

Highlights the negative effect on competition due to one entity’s dominance.

Illustration for Less competition
Monopolistic businesses can stifle innovation by reducing competition.
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Not just size

Monopolistic doesn't always mean the business is large; it's about market influence.

Illustration for Not just size
The company's monopolistic tactics aren't about size but control.
Visual representation of the word "Monopolistic"

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