Upper-Intermediate 📚 Vocabulary · #1074 of 1319

monopoly (n.)

exclusive control of a market

Examples

  • A monopoly.

Key rules

  • A monopoly is exclusive control of a market by one company
  • A monopoly on water, a state monopoly
  • Monopoly is countable

Common mistakes

  • It is a monopolies → It is a monopoly
💡 Tip: Economics // Business // Markets
Practise this topic in the appPractise Upper-Intermediate quiz
← stakeholder (n.)turnover (n.) →

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