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monopolism

 - 2 dictionary results

mo⋅nop⋅o⋅lism

  [muh-nop-uh-liz-uhm]
Use monopolism in a Sentence
–noun
the existence or prevalence of monopolies.
Origin:
1880–85; monopol(y) + -ism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To monopolism
mo·nop·o·ly   (mə-nŏp'ə-lē)   
n.   pl. mo·nop·o·lies

  1. Exclusive control by one group of the means of producing or selling a commodity or service: "Monopoly frequently ... arises from government support or from collusive agreements among individuals" (Milton Friedman).

  2. Law A right granted by a government giving exclusive control over a specified commercial activity to a single party.

    1. A company or group having exclusive control over a commercial activity.

    2. A commodity or service so controlled.

    3. Exclusive possession or control: arrogantly claims to have a monopoly on the truth.

    4. Something that is exclusively possessed or controlled: showed that scientific achievement is not a male monopoly.

    1. Exclusive possession or control: arrogantly claims to have a monopoly on the truth.

    2. Something that is exclusively possessed or controlled: showed that scientific achievement is not a male monopoly.


[Latin monopōlium, from Greek monopōlion : mono-, mono- + pōlein, to sell; see pel-4 in Indo-European roots.]
mo·nop'o·lism n., mo·nop'o·list n., mo·nop'o·lis'tic adj., mo·nop'o·lis'ti·cal·ly adv.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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