monopolist Definition
a person or company that has complete control of a particular market, often to the detriment of competition and consumers.
Using monopolist: Examples
Take a moment to familiarize yourself with how "monopolist" can be used in various situations through the following examples!
Example
The government accused the company of being a monopolist.
Example
The monopolist raised prices on their products, leaving consumers with no other options.
Example
The monopolist controlled the entire industry, making it impossible for new businesses to enter the market.
monopolist Synonyms and Antonyms
Synonyms for monopolist
Antonyms for monopolist
Phrases with monopolist
the ability of a company or individual to control a market and influence prices and competition
Example
The monopolist power of the corporation was a major concern for regulators.
monopolist tactics
strategies used by a company or individual to maintain control of a market and limit competition
Example
The company used monopolist tactics to drive out competitors and maintain their dominance in the market.
monopolist pricing
pricing strategies used by a company or individual to maximize profits by charging high prices due to lack of competition
Example
The monopolist pricing of the product made it difficult for consumers to afford, but there were no other options available.
Summary: monopolist in Brief
A 'monopolist' [məˈnɒpəlɪst] is a person or company that has complete control over a particular market, often to the detriment of competition and consumers. It can be characterized by high prices, limited choices, and lack of innovation. Examples include the monopolist power, tactics, and pricing. Synonyms include tycoon, mogul, baron, magnate, and oligopolist.
