What context can I use each word in?
Learn when and how to use these words with these examples!
monopoly
Example
The telecommunications company had a monopoly on internet services in the region. [monopoly: noun]
Example
He was accused of trying to create a monopoly by buying out all of his competitors. [monopoly: noun]
Example
She won the game of Monopoly by acquiring all the properties and charging high rent. [Monopoly: proper noun]
monopolization
Example
The government passed laws to prevent the monopolization of the oil industry. [monopolization: noun]
Example
The company engaged in monopolization tactics by buying out all of its competitors. [monopolization: noun]
Example
The businessman was accused of monopolizing the market by creating barriers to entry for new competitors. [monopolizing: verb]
Good things to know
Which word is more common?
Monopoly is a more common word than monopolization in everyday language, as it is a well-known term used in various contexts, including economics, business, and board games.
What’s the difference in the tone of formality between monopoly and monopolization?
Monopoly is a more formal term than monopolization, which is more commonly used in informal language and everyday conversation.
