monopolizer

Meanings

• noun

  A person or business that has control over a market or industry, limiting competition and usually setting prices and other market conditions.

  - "The monopolizer in this industry sets the prices for all the goods and services."
  - "The monopolizer's control over the market allows them to charge higher prices."
  - "The government investigated the monopolizer for anti-competitive practices."

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Variants

List of all variants of monopolizer that leads to same result
monopolization , monopolizations , monopolize , monopolized , monopolizer , monopolizers , monopolizes , monopolizing

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Etymology

origin and the way in which meanings have changed throughout history.

From the Middle English monopolie, from Old French monopolier, from monopole, monopoly, from mono- 'one' + pole 'rule, power'.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. The word 'monopolizer' comes from the Middle English monopolie, which means 'sole rule' or 'monopoly'.

2. Monopolizers can stifle innovation and competition, leading to slower economic growth.

3. The term 'monopoly' was first used in the 16th century to describe a grant of a monopoly, or a legal right to be the only seller of a certain commodity.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Monopoly: A market structure in which a single seller or a group of sellers controls the entire market.

2. Antitrust Laws: Laws designed to prevent monopolies and promote competition.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Monopolizers have been a common theme in literature and economics, often portrayed as powerful and controlling entities that can stifle competition and innovation. In the novel 'The Great Gatsby' by F. Scott Fitzgerald, the character Tom Buchanan is described as a monopolizer of wealth and power.

How to Memorize "monopolizer"

1. visualize
   

   - Visualize a person or business with complete control over a market, setting prices and conditions as they please.

2. associate
   

   - Associate the word with the idea of control and power in a market.

3. mnemonics
   

   - Create a mnemonic by remembering the root words 'mono' meaning one and 'poly' meaning rule or power.

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