monopoly monopoly  /mə ˈnɑ pə li/

Definition(s):

  1. (n) (economics) a market in which there are many buyers but only one seller
  2. (n) exclusive control or possession of something
  3. (n) a board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die

Usage(s):

  1. And Microsoft continues to be enormously profitable, thanks to its operating system monopoly.
  2. Like Gazprom purchasing Sibneft, and another state monopoly purchasing other private company.
  3. Would a monopoly have been as bold in the development of equipment.

News

  1. NY Minute: Gov. Andrew Cuomo stumps in Syracuse for campaign finance reform

    Cayuga Nation tries to stop Oneida nation casino monopoly; Seneca Indian Nation comes to the table.
    on June 13, 2013     Source: The Post-Standard

  2. How Samsung could develop the 21st century’s answer to Bell Labs

    Sorry, Google, but you may not hold a monopoly on researching far-out technologies that may not even help your core business in the future. Forbes contributor Haydn Shaughnessy notes that Samsung has started investing substantial sums of money into science and technology research for an ecosystem that may never see the light of day. In particular, he says that Samsung has said it will invest $1 ...
    on June 13, 2013     Source: BGR News via Yahoo! News

  3. Monopoly on hospital surgical services called into question

    Dr. Bill Rodman has held a monopoly on surgical services at Aspen Valley Hospital for nearly 20 years and at the time he arrived in 1993, the deal was inked so it would guarantee he’d have an income and the community would have a surgeon. read more
    on June 11, 2013     Source: Aspen Daily News

Quotes

  1. "We can't continue to spend as if deficits don't have consequences, as if waste doesn't matter, as if the hard-earned tax dollars of the American people can be treated like Monopoly money," Obama said Dec. 21 at the White House.
    on Dec 22, 2009 By: Barack Obama Source: BusinessWeek

  2. "Instead of playing favorites, our government should level the playing field for all alcohol fuels that break the monopoly of gasoline, lowering both gasoline prices and carbon emissions," McCain said.
    on Jun 23, 2008 By: John McCain Source: Bloomberg

  3. "The one thing that would make the current ticket situation even worse for the fan than it is now would be Ticketmaster and Live Nation coming up with a single system, thereby returning us to a near monopoly situation in music ticketing,"...
    on Feb 6, 2009 By: Bruce Springsteen Source: PC Magazine

Word of the Day
effusion effusion
/ɪ ˈfju ʒən/