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monopoly
This term conveys a sense of total dominance and the absence of competition. In economic contexts, it often carries a negative connotation associated with unfair pricing, market manipulation, and the stifling of innovation, frequently triggering regulatory scrutiny.
When used regarding skills or rights, it describes a perceived exclusivity that suggests others are unfairly excluded from a particular domain. As a proper noun referring to the board game, it is always capitalized and represents a simulation of the economic concept of property accumulation.
Meanings
Exclusive control of the supply or trade in a commodity or service by a single entity.
The company has a virtual monopoly on the production of high-end semiconductors.
Examples
He has a monopoly on the conversation.
The government intervened to break the monopoly.