monopoly in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Monopoly refers to the exclusive control or possession of a commodity or service in a market, limiting competition.
Sample Sentences
- The company was accused of creating a monopoly that stifled competition in the technology sector.
- In the board game, players aim to acquire properties and build their wealth to create a monopoly.
- Regulatory agencies often intervene when a single entity threatens to establish a monopoly over a market.
- Her family's long-standing monopoly on the local bakery business faced challenges from new, innovative shops.
- The debate over whether to break up the monopoly continues to ignite passion among economists and consumers alike.