Meaning of monopoly

Definition of monopoly

(noun) (economics) a market in which there are many buyers but only one seller; "a monopoly on silver"; "when you have a monopoly you can ask any price you like"
exclusive control or possession of something; "They have no monopoly on intelligence"
(adv) in the same way as; like; "in common with families in general, one parent families have been getting smaller"

Other information on monopoly

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