Monopolies
/ˈmɒnəpəliz/
Definitions
- (n.) Exclusive control or possession of the supply or trade in a commodity or service in a market, often leading to restriction of competition and potential regulation under antitrust laws.
The government investigated several monopolies for anticompetitive practices.
Forms
- monopoly
Related terms
See also
Commentary
The term is mainly used in plural form to describe multiple instances or entities holding exclusive market control; in legal drafting, precision about market scope and competitive effects is essential.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.