The company has been granted a monopoly over Italian high-speed train lines. monopoly on For years, it enjoyed a monopoly on oil exploration and production in Argentina. At least 10 new airlines now compete against it. People sometimes use the expression Monopoly money to mean a very large amount of money You know how much it costs to buy an apartment in Tokyo? It's Monopoly money! From Longman Business Dictionary monopoly mo‧nop‧o‧ly / məˈnɒp əliməˈnɑː- / noun ( plural monopolies ) 1 ECONOMICS a situation where a business activity is controlled by only one company or by the government, and other companies do not compete with it The national airline is no longer a monopoly. The squares on the board show the names of real streets in cities in the US (=in an American Monopoly set), London (=in a British Monopoly set), or other big cities around the world. Players use toy money to buy streets and buildings on squares on the board, and then make other players pay rent if they move onto those squares. Monopoly Monopoly trademark a very popular type of board game that has been sold since the 1930s. At the same time it amended the republic's constitution to abolish the guaranteed Communist Party monopoly of power.Microsoft, which has had a virtual monopoly, has managed 53 % a year.After decades of dreary state-run television monopolies, most of these markets are starting to open up to private competitors.Tax concessions for new companies and the end of the state monopoly on import-export trade were also announced. It is poor families who are usually stuck with the worst consequences of school monopoly and bureaucratization.In contrast, public monopolies that are thrust fully into competition have little choice but to please their customers.It was not easy to persuade the monarchy to let go of its monopoly of power.Lewie and his monopoly were gone, a loss of at least a few hundred million dollars more.It is not good for consumers if one company has a monopoly in any area of trade.Because the state tried to enforce a monopoly on ideas, intellectuals were both at great risk and terrifically influential.3 OWN if someone has a monopoly on something, that thing belongs to them, and no one else can share it Teachers do not have a monopoly on educational debate. a monopoly in copper trading 2 a large company that controls all or most of a business activity The company is a state-owned monopoly. the state monopoly of television monopoly on/in For years Bell Telephone had a monopoly on telephone services in the US. ○ noun ( plural monopolies ) 1 BB CONTROL if a company or government has a monopoly of a business or political activity, it has complete control of it so that other organizations cannot compete with it monopoly of They are demanding an end to the Communist Party’s monopoly of power. From Longman Dictionary of Contemporary English Related topics: Business basics monopoly mo‧nop‧o‧ly / məˈnɒp əli $ məˈnɑː- /
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