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Definitions from WordNet

Definitions from the Web

Monopolistic

Definition:

The term "monopolistic" refers to a situation or practice where a single entity or group has exclusive control or dominance over a particular industry or market.

Parts of Speech:

Adjective

Senses:

1. Relating to or characterized by the existence of a monopoly.

2. Having the qualities or characteristics of a monopoly.

Usages:

Popular Usage:

- The company implemented monopolistic practices, stifling competition and limiting consumer choices.

- The monopolistic telecom industry charges exorbitant prices for their services.

Local Usage:

- In our town, the bakery has a monopolistic hold on the market, making it difficult for new businesses to enter.

- The monopolistic control of the construction industry has led to inflated prices and limited options for customers.

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