Definition of Monopolize
Monopolize
mon·o·po·lize
Definition/Meaning
(verb)
To have exclusive control over something, especially a market or industry.
e.g. The company tried to monopolize the market by buying out its competitors.
(verb)
to take or occupy the largest share or position of something, especially, as a business, to gain complete control or possession of a commodity, service, or trade;
e.g. Large brands monopolize the shopping space in many malls. There are a couple of companies that monopolize the market for sodas.
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