monopolism


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Related to monopolism: Monopoly

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.
a. A company, group, or individual having exclusive control over a commercial activity.
b. A commodity or service so controlled.
3.
a. Exclusive possession or control: arrogantly claims to have a monopoly on the truth.
b. 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- 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.

monopolism

the practices and system of a monopoly. — monopolist, n. — monopolistic, adj.
See also: Trade
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References in periodicals archive ?
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Revisiting the phenomenon of antidemocratic transformation of management institutions

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