: 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.
Did you know?
You're probably familiar with the word monopoly, but you may not recognize its conceptual and linguistic relative, the much rarer oligopsony. Both monopoly and oligopsony are ultimately from Greek, although monopoly passed through Latin before being adopted into English. Monopoly comes from the Greek prefix mono-, which means "one," and pōlein, "to sell." Oligopsony derives from the combining form olig-, meaning "few," and the Greek noun opsōnia—"the purchase of victuals"—which is ultimately from the combination of opson, "food," and ōneisthai, "to buy." It makes sense, then, that oligopsony refers to a buyer's market in which the seller is subjected to the potential demands of a limited pool of buyers. Another related word is monopsony, used for a more extreme oligopsony in which there is only a single buyer.
Example Sentences
The government passed laws intended to break up monopolies.
Recent Examples on the WebThat arrangement, industry experts and agriculture economists say, creates a monopoly-like environment, which can work to keep prices higher. Abha Bhattarai, Anchorage Daily News, 3 Sep. 2022 Rival consultants argue that since Scott became NRSC chair, OnMessage has had a near monopoly over NRSC contracts. Daniel Strauss, The New Republic, 31 Aug. 2022 After the passage of the Inflation Reduction Act, the U.S. government will make its largest-ever investment in slowing climate change and use its market heft, through Medicare, to challenge the monopoly-pricing power of the big drug companies. John Cassidy, The New Yorker, 30 Aug. 2022 That arrangement, industry experts and agriculture economists say, creates a monopoly-like environment, which can work to keep prices higher. Abha Bhattarai, Washington Post, 27 Aug. 2022 Right-to-repair advocates claim John Deere is a big tech monopoly using digital locks to make farmers go through an authorized dealer or agent in order to fix their equipment. Clarisa Diaz, Quartz, 25 Aug. 2022 To some competitors, the patent seemed to give the company a monopoly on a compound that humans have used for thousands of years.Wired, 28 July 2022 Andrei Sakharov, a dissident who was elected to the Supreme Soviet after Gorbachev released him from internal exile, argued against the monopoly of the Communist Party. Masha Gessen, The New Yorker, 31 Aug. 2022 These Empowerment Scholarship Accounts will truly bust the government education monopoly. Steve Forbes, Forbes, 1 July 2022 See More
Word History
Etymology
Latin monopolium, from Greek monopōlion, from mon- + pōlein to sell
1control by one company由一家公司控制ADJECTIVE | VERB + MONOPOLY | MONOPOLY + NOUN | PREPOSITIONADJECTIVE➤effective, near, virtual有效的/近乎/實質上的壟斷▸➤absolute, total完全的壟斷▸➤government, state政府壟斷;國家專營▸➤local, national地方的/全國範圍的壟斷➤natural自然壟斷◇Water is a natural monopoly.供水是自然壟斷行業。VERB + MONOPOLY➤enjoy, exercise, have, hold享有專營權;實行壟斷;居於壟斷地位◇The company has a virtual monopoly in world markets.這家公司實際上壟斷着國際市場。➤create, establish, gain, get, secure, set up建立壟斷地位;獲得專營權▸➤keep, maintain, preserve, retain保持壟斷地位;維持壟斷地位▸➤lose失去壟斷地位▸➤give sb, grant sb給予某人專營權▸➤challenge挑戰壟斷地位◇companies who are challenging the state monopolies挑戰國家壟斷地位的那些公司➤break, break up, end打破壟斷;結束壟斷◇attempts to break the company's monopoly of the sugar industry打破該公司在食糖業壟斷地位的種種努力MONOPOLY + NOUN➤position壟斷地位◇The company was able to exploit its monopoly position.這家公司得以利用其壟斷地位。➤control, power壟斷控制/勢力◇The company used its monopoly control to charge exorbitant fees.該公司利用其壟斷控制地位收取奇高的費用。PREPOSITION➤monopoly in在⋯方面的壟斷◇They created a monopoly in the export of wool.他們壟斷了羊毛出口。➤monopoly of⋯的壟斷◇One company holds a monopoly of the raw materials.一家公司壟斷着原材料。➤monopoly on⋯上的壟斷◇The company lost its monopoly on exporting beer to India.這家公司失去了向印度出口啤酒的專營權。➤monopoly over對於⋯的壟斷◇They will fight to maintain their monopoly over local bus services.他們會拚命維護在當地公交行業的壟斷地位。monopoly
noun²
2organization組織ADJECTIVE➤public, state, state-controlled, state-owned國家壟斷組織;國有壟斷組織◇the privatization of state-owned monopolies such as the gas and electricity industries煤氣、電力等國有壟斷行業的私有化➤giant, powerful壟斷巨頭;勢力強大的壟斷組織▸➤private私人壟斷組織▸➤statutory合法的壟斷組織➤gas, oil天然氣/原油壟斷企業◇the giant gas monopoly Gazprom天然氣壟斷巨頭俄羅斯天然氣工業股份公司➤media媒體壟斷組織◇It was one of the first new-media companies to take on Latin America's media monopolies.那是首先向拉丁美洲媒體壟斷巨頭發起挑戰的新媒體公司之一。