noun
- the act or process of obtaining or maintaining exclusive control over a market, commodity, or service
Usage: British spelling; American equivalent is 'monopolization'; often used in business and economics contexts
Examples
- The company faced legal action for the monopolisation of the telecommunications industry.
- Regulators investigated the monopolisation of rare earth mineral supplies.
- The monopolisation of water resources by a single corporation harmed local communities.
- Antitrust laws exist to prevent the monopolisation of markets by large firms.
- The government challenged the monopolisation of the pharmaceutical sector.
- Consumer advocates warned about the monopolisation of social media platforms.