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Monopolize
/məˈnɒpəlaɪz/verb
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To monopolize means to gain or exercise exclusive control over a resource, market, or conversation, effectively shutting out competitors or participants. In today's global economy, it's often scrutinized in legal and ethical debates as a strategy that can stifle innovation and limit consumer options, though it can also drive efficiency in certain contexts.
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The U.S. government's antitrust lawsuit against Microsoft in the late 1990s, which accused it of monopolizing the personal computer operating system market, ultimately led to a settlement that opened doors for competitors like Google and Apple, reshaping the tech industry forever.
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