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Longman Dictionary English

From Longman Dictionary of Contemporary English
Related topics: Business basics
monopolisticmo‧nop‧ol‧is‧tic /məˌnɒpəˈlɪstɪk◂ $ -ˌnɑː-/ adjective BBCONTROLcontrolling or trying to control an industry or business activity completely The company wants to maintain its monopolistic position.
Examples from the Corpus
monopolistic• Regulation was therefore required to prevent monopolistic abuse.• Second, competition is difficult to ensure, giving scope for monopolistic abuse.• Labour markets are indirectly affected by monopolistic competition in product markets.• monopolistic corporations• But Smith envisaged a world of small-scale enterprise, which would be left alone by government and by monopolistic corporations.• By fully exploiting their market position currently, monopolistic firms might elicit adverse public opinion and governmental censure.• As the partial equilibrium analysis suggested, a procompetitive effect, with monopolistic industries expanding, is expected from trade.• As a result the market structure very often ceased to be purely competitive, becoming monopolistic or oligopolistic.• But this monopolistic paradise has been lost.
From Longman Business Dictionarymonopolisticmo‧nop‧o‧lis‧tic /məˌnɒpəˈlɪstɪk◂məˌnɑː-/ adjectiveECONOMICS controlling or trying to control an industry or business activity completely by not allowing other companies to compete fairlymonopolistic market conditionsUnfair monopolistic practices are prohibited by the Treaty of Rome.
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May 12, 2025

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