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monopoly
/məˈnɑːpəli/
US
UK
noun
plural -lies
[count] complete control of the entire supply of goods or of a service in a certain area or market
The
company
has
gained
/
acquired
a
(
virtual
/
near
) monopoly
of
/
on
/
over
the
logging
industry
in
this
area
.
a large company that has a monopoly
The
government
passed
laws
intended
to
break
up
monopolies
.
[singular] :complete ownership or control of something - usually + on or (chiefly Brit) of
He
seems
to
think
he
has
a
monopoly
on
the
truth
. [=
to
think
that
he
is
the
only
person
who
knows
what
is
true
]
US