noun
- a person or company that has exclusive control over a market or industry
Examples
- The oil monopolist controlled prices across the entire region.
- Government regulators investigated the tech monopolist for anti-competitive practices.
- As a monopolist, the company faced little pressure to improve its services.
- The railroad monopolist charged excessive fees because customers had no alternatives.
- Critics argued that the media monopolist stifled diverse viewpoints.
- The monopolist’s dominance made it nearly impossible for new businesses to enter the market.