monopolizing
Meanings
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verb (monopolize), noun (monopoly)
Having complete control or domination in a particular market or industry.
- "The company's monopolizing the market for computer processors."
- "The government's investigation into the monopoly revealed unfair business practices."
Synonyms
corner , dominate , hog , take over
Rhymes
Words rhyming with monopolizingpolarizing , globalizing , socializing
Variants
List of all variants of monopolizing that leads to same resultmonopolization , monopolizations , monopolize , monopolized , monopolizer , monopolizers , monopolizes , monopolizing
Etymology
origin and the way in which meanings have changed throughout history.From Middle English monopole, monopolie, from Late Latin monopolium 'a single shop, a monopoly,' from monopolium, monopolius 'a single seller, a monopolist'.
Trivia
Any details, considerations, events or pieces of information regarding the word-
The word 'monopoly' comes from the Greek words monos, meaning 'alone,' and polis, meaning 'city or marketplace.'
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The first known monopoly was granted by the Roman Emperor Nero in 60 AD, allowing a single company to produce and sell salt.
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Monopolies can lead to higher prices, lower quality, and reduced innovation.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
monopolist: An individual or company that controls a market or industry and sets prices at their discretion.
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oligopoly: A market structure in which a small number of firms dominate.
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competition: The process of competing for business or sales among suppliers or traders.
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.Monopolizing has been a topic of concern in economic and political discourse for centuries, with debates surrounding its impact on competition, innovation, and consumer welfare. In literature, monopolies have been depicted as sources of power and wealth, as well as targets of resistance and subversion.
How to Memorize "monopolizing"
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visualize
- Imagine a single seller controlling the entire market for a product or service.
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associate
- Associate monopolizing with complete control and dominance.
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mnemonics
- Mnemonic: Monopolizing Means One Person Owns All Prices
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