MONOPOLY

A · B · C · D · E · F · G · H · I · J · K · L · M · N · O · P · Q · R · S · T · U · V · W · X · Y · Z

Definitions

1. exclusive control by one group or organization of the means to produce and/or sell a product or service, creating a market situation wherein free competition does not exist and prices may be dictated by the monopolist.

2. in law, a right granted by a government giving exclusive control over a specific business activity or product to a single party.