monopolistic Definition
- 1relating to or characterized by a monopoly
- 2having exclusive control over a commodity or service in a particular market, or a control that makes possible the manipulation of prices
Using monopolistic: Examples
Take a moment to familiarize yourself with how "monopolistic" can be used in various situations through the following examples!
Example
The company was accused of monopolistic practices.
Example
The government is trying to prevent monopolistic behavior in the market.
Example
The monopolistic control of the industry has led to higher prices for consumers.
monopolistic Synonyms and Antonyms
Synonyms for monopolistic
Antonyms for monopolistic
Summary: monopolistic in Brief
The term 'monopolistic' [məˌnɑːpəˈlɪstɪk] refers to having exclusive control over a commodity or service in a particular market, or a control that makes possible the manipulation of prices. It is often used to describe companies or industries that engage in monopolistic practices, which can lead to higher prices for consumers. The government may intervene to prevent monopolistic behavior in the market.
