Monopolization
/ˌmɒnəpəlaɪˈzeɪʃən/
Definitions
- (n.) The act or process by which a firm acquires or maintains monopoly power in a market, often through exclusionary or anticompetitive practices.
The lawsuit alleged the company's monopolization of the software market violated antitrust laws.
Related terms
See also
Commentary
Monopolization typically involves conduct beyond mere possession of market power, focusing on exclusionary or predatory behaviors to maintain dominance.
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