Meaning & Definition of word "Monopolize"

Monopolize

/məˈnɒp.ə.laɪz/

1. To acquire or hold exclusive possession or control of something.
- Example: The large corporation aimed to monopolize the industry by buying out smaller competitors.
2. To dominate or control to the exclusion of others.
- Example: He tends to monopolize conversations, making it hard for others to share their ideas.
3. To have or take control of a particular market, resource, or area.
- Example: The tech giant was accused of trying to monopolize online advertising.
4. To prevent others from participating or contributing.
- Example: Her need to monopolize the spotlight made her unpopular among her peers.

Derived from the Greek word 'monopolion', from 'monos' (single) + 'polein' (to sell).

monopolize the market:

To gain control over a market sector, eliminating competition.

monopolize someone's time:

To occupy someone’s time excessively, preventing others from interacting.

monopolize information:

To control the flow of information, often restricting access to others.

monopoly:

The exclusive possession or control of the supply or trade in a commodity or service.

monopolist:

A person or organization that holds a monopoly.

oligopoly:

A market structure in which a small number of firms dominate.

Meaning: To hog or take over a situation.

Example Sentence: Stop monopolizing the TV remote, let others choose a show!

Meaning: To dominate a social interaction.

Example Sentence: She's always monopolizing the group chat with her opinions.