monopolistic in a sentence
a.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Monopolistic refers to a market condition where a single entity has exclusive control over a commodity or service, limiting competition and potentially harming consumers.
Crossword clues for monopolistic
Crossword clue ideas and answer hints for the word "monopolistic".
- Single seller dominates the market.
- Lack of competition leads to high prices.
- One company controls a specific industry.
- Exclusive power over a product or service.
- Market structure with no rivals present.
Monopolistic sentence examples
- The company's monopolistic control over the market has stifled competition and innovation.
- Regulators are concerned that the monopolistic practices of the tech giant could harm consumers.
- In many industries, monopolistic behavior can lead to higher prices and fewer choices for buyers.
- The government introduced new antitrust laws to combat monopolistic tendencies among large corporations.
- Critics argue that a monopolistic economy ultimately limits the potential for small businesses to thrive.