monopoly

Pronunciation

• (UK) enPR: mənŏ'pəlē", IPA ^(key): /məˈnɒpəˌli/, SAMPA: /m@"nQp@%li/
• (US) enPR: mənä'pəlē", IPA ^(key): /məˈnɑpəˌli/, SAMPA: /m@"nAp@%li/

• Audio (US)

  (file)

Noun

Singular monopoly

Plural monopolies

1. (countable) A monopoly is a situation where one company owns all or almost all of the market for a product or service; they have little or no business competition.

Related words

• monopolize / monopolise
• duopoly

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