monopoly
/muh-NOP-uh-lee/nounexclusive control of a commodity or service
“The port's monopoly on cold storage kept prices high.”
- Synonyms
- dominance, cartel, stranglehold
- Antonyms
- competition
- Memory hook
- mono (one) + polein (sell): one seller, no rivals.
Learn monopoly and 1,000+ GRE words with spaced repetition and an AI tutor.
Start learning free