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    Monopole (en. Monopoly)

    /mɔnɔpɔl/

    Meaning & Definition

    EnglishFrench
    noun
    Situation where a single company entirely controls a market.
    The electricity monopoly prevents other suppliers from entering the market.
    Le monopole sur l'électricité empêche d'autres fournisseurs d'entrer sur le marché.
    Exclusive right to engage in an economic activity.
    The government granted a monopoly to this company for the exploitation of natural resources.
    L'État a accordé un monopole à cette entreprise pour l'exploitation des ressources naturelles.

    Etymology

    From the Greek 'monopolion', composed of 'mono-' (one) and 'poleo' (to sell).

    Common Phrases and Expressions

    de facto monopoly
    A monopoly that exists without legal intervention but dominates the market.
    monopole de fait
    to break the monopoly
    To eliminate a company's exclusive authority in a market.
    briser le monopole

    Related Words

    oligopoly
    Situation where a small number of companies control the market.
    oligopole
    competition
    Situation of competition between companies in a market.
    concurrence

    Slang Meanings

    A system where a single person or entity has all the power.
    This club is a monopoly; no other team can compete.
    Ce club est un monopole, aucune autre équipe ne peut rivaliser.
    Total control over an activity or market.
    He has a monopoly on ideas in our group.
    Il a un monopole sur les idées dans notre groupe.