Synonyms for
Monopolies
Definition
Monopolies are when one company or group has complete control over a particular product or service.
Synonyms & similar words
Example sentences
- The company had a monopoly on the production of a certain type of car.
- The government had to intervene to prevent the monopoly from controlling the entire industry.
- The monopoly resulted in higher prices for consumers.
- The company used its monopoly power to stifle competition.
- The monopoly held a patent on the technology, preventing others from entering the market.
Quotes
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. - Winston Churchill
Competition is not only the basis of protection to the consumer, but is the incentive to progress. - Herbert Hoover
One of the signs of a great leader is the ability to describe, in detail, the unique talents, abilities, and strengths of each member of the team. - Unknown
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