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What is another word for monopoly?

Pronunciation: [mənˈɒpəli] (IPA)

A monopoly is generally referred to as a situation where one entity has exclusive control over a market or industry, giving it the power to suppress competition and dictate prices. However, there are several synonyms for this term, including dominance, hegemony, preeminence, control, supremacy, and influence. These words represent similar ideas and indicate the same level of power or control as the term monopoly. Additionally, depending on the context, some other words, such as dictatorship, autocracy, or tyranny, may also be used as synonyms for monopoly. In the business world, monopoly is often used to describe anti-competitive behavior or practices and can be a cause for concern among economists and policymakers.
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Synonyms for Monopoly:

What are the paraphrases for Monopoly?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Monopoly?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • hypernyms for monopoly (as nouns)

What are the hyponyms for Monopoly?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for monopoly?

Monopoly refers to a market structure in which a single entity controls the entire market. The antonym of monopoly is competition, which refers to the presence of multiple entities in the market offering similar products or services. Another antonym for monopoly is diversity, which means a rich variety of elements or components within a market. Besides, decentralization and dispersion are also antonyms for the word monopoly. These terms suggest distribution and fragmentation of power among several entities instead of a single entity in control. A monopoly can limit consumer choice and stifle innovation, while competition and diversity promote healthy market dynamics and benefit consumers.

What are the antonyms for Monopoly?

Usage examples for Monopoly

These women are from a favored province of Sweden, and for a long time enjoyed a monopoly of the many ferry-boats of the city, it having been accorded to them by royal consent in consideration of the patriotism exhibited by them, and of aid which the women of that ancient province gave to the cause of the throne at a critical moment in Swedish history.
"Due North or Glimpses of Scandinavia and Russia"
Maturin M. Ballou
Until 1465, save for some possible Dutch experiments, Germany enjoyed the monopoly of printing.
"Fine Books"
Alfred W. Pollard
Liberalism fixed its attention mainly on the artificial restrictions, the privileges, the services, the legal bonds by which monopoly and inequality were kept up, and it thought a perfect state of society would be brought about if only every chain were snapped and every fetter stripped away.
"Contemporary Socialism"
John Rae

Famous quotes with Monopoly

  • A tiny and closed fraternity of privileged men, elected by no one, and enjoying a monopoly sanctioned and licensed by government.
    Spiro T. Agnew
  • Microsoft has a monopoly over the desktop operating systems.
    Stewart Alsop
  • Television of course actually started in Britain in 1936, and it was a monopoly, and there was only one broadcaster and it operated on a license which is not the same as a government grant.
    David Attenborough
  • We learned in World War II that no single nation holds a monopoly on wisdom, morality or right to power, but that we must fight for the weak and promote democracy.
    Joe Baca
  • When the state or federal government control the education of all of our children, they have the dangerous and illegitimate monopoly to control and influence the thought process of our citizens.
    Michael Badnarik

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