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Definition of Monopoly

Monopoly

  1. The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.
  2. Exclusive possession; as, a monopoly of land.
  3. The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.

Monopoly Quotations

If it were necessary to give the briefest possible definition of imperialism, we should have to say that imperialism is the monopoly stage of capitalism.
Vladimir Lenin

Competition is always a good thing. It forces us to do our best. A monopoly renders people complacent and satisfied with mediocrity.
Nancy Pearcey

I think it's wrong that only one company makes the game Monopoly.
Steven Wright

We don't have a monopoly. Anyone who wants to dig a well without a Hughes bit can always use a pick and shovel.
Howard Hughes

Potentially, a government is the most dangerous threat to man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.
Ayn Rand
More "Monopoly" Quotations

Monopoly Translations

monopoly in Dutch is alleenhandel, monopolie
monopoly in French is monopole
monopoly in German is Alleinverkauf {m}
monopoly in Italian is esclusiva, esclusiva
monopoly in Spanish is monopolio
monopoly in Swedish is monopol
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