Monopolistic
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.
Often appears as...
- monopolistic practices
- monopolistic control
adjective
In economics, referring to a market structure in which many companies sell products that are similar but not identical.
Monopolistic competition characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes.
Often appears as...
- monopolistic competition
- monopolistic market
Usage tips
Academic
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.
Often appears as...
- monopolistic practices
- monopolistic control
adjective
In economics, referring to a market structure in which many companies sell products that are similar but not identical.
Monopolistic competition characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes.
Often appears as...
- monopolistic competition
- monopolistic market
Usage tips
Academic
Definition 1 of 2
Pro Tip 1/3Market control
Used when discussing situations where one company has excessive influence over the market.
Their monopolistic control sets prices for the entire industry.
Pro Tip 2/3Less competition
Highlights the negative effect on competition due to one entity’s dominance.
Monopolistic businesses can stifle innovation by reducing competition.
Pro Tip 3/3Not just size
Monopolistic doesn't always mean the business is large; it's about market influence.
The company's monopolistic tactics aren't about size but control.
Pro Tip 1/3Market control
Used when discussing situations where one company has excessive influence over the market.
Their monopolistic control sets prices for the entire industry.
Pro Tip 2/3Less competition
Highlights the negative effect on competition due to one entity’s dominance.
Monopolistic businesses can stifle innovation by reducing competition.
Pro Tip 3/3Not just size
Monopolistic doesn't always mean the business is large; it's about market influence.
The company's monopolistic tactics aren't about size but control.
Pro Tip 1/3Market control
Used when discussing situations where one company has excessive influence over the market.
Their monopolistic control sets prices for the entire industry.
Pro Tip 2/3Less competition
Highlights the negative effect on competition due to one entity’s dominance.
Monopolistic businesses can stifle innovation by reducing competition.
Pro Tip 3/3Not just size
Monopolistic doesn't always mean the business is large; it's about market influence.
The company's monopolistic tactics aren't about size but control.
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Quote examples
Lech Walesa
Polish Politician
Communism is a monopolistic system, economically and politically. The system suppresses individual initiative, and the 21st century is all about individualism and freedom. The development of technology supported these directions.
Quote examples
Kiran Mazumdar-Shaw
Indian Businesswoman
I have successfully challenged the Western world's existing model of pharmaceutical innovation, which leads to the creation of monopolistic markets for novel, life-saving drugs that deliver high margins at low volumes.
Quote examples
Sarah Lacy
American Journalist
What's awesome about the Internet is how it breaks up monopolistic markets where middlemen unfairly gobble up outsized fees, leaving us little choice but to keep paying them.
Quote examples
Sucheta Dalal
Indias rapid economic growth has mainly been due to the dismantling of government controls. An attempt to reintroduce monopolistic pricing must be strongly opposed.
Quote examples
Om Malik
Indian Writer
Most competition in Silicon Valley now heads toward there being one monopolistic winner.
Quote examples
Prashant Bhushan
Indian Lawyer
No one can say that there are no monopolistic or restrictive trade practices in India.
Quote examples
Gene Tierney
American Actress
The Hollywood structure was monopolistic, run by four or five big studios.
Quote examples
Lech Walesa
Polish Politician
Communism is a monopolistic system, economically and politically.
Quote examples
Lech Walesa
Polish Politician
Communism is a monopolistic system, economically and politically. The system suppresses individual initiative, and the 21st century is all about individualism and freedom. The development of technology supported these directions.
Quote examples
Kiran Mazumdar-Shaw
Indian Businesswoman
I have successfully challenged the Western world's existing model of pharmaceutical innovation, which leads to the creation of monopolistic markets for novel, life-saving drugs that deliver high margins at low volumes.
Quote examples
Sarah Lacy
American Journalist
What's awesome about the Internet is how it breaks up monopolistic markets where middlemen unfairly gobble up outsized fees, leaving us little choice but to keep paying them.
Quote examples
Sucheta Dalal
Indias rapid economic growth has mainly been due to the dismantling of government controls. An attempt to reintroduce monopolistic pricing must be strongly opposed.
Quote examples
Om Malik
Indian Writer
Most competition in Silicon Valley now heads toward there being one monopolistic winner.
Quote examples
Prashant Bhushan
Indian Lawyer
No one can say that there are no monopolistic or restrictive trade practices in India.
Quote examples
Gene Tierney
American Actress
The Hollywood structure was monopolistic, run by four or five big studios.
Quote examples
Lech Walesa
Polish Politician
Communism is a monopolistic system, economically and politically.
Example 1 of 8
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