"Monopolisation" Pronounce,Meaning And Examples

"Monopolisation" Meaning

Monopolisation refers to the process or result of a person, company, or government taking control of a market or industry, thereby excluding competition and often exercising sole power or dominance over the supply of goods or services.

"Monopolisation" Examples

Monopolisation Examples

1. The country's economy was severely affected by the monopolisation of the market by a single company.

Monopolisation here means the act of a company gaining control over the entire market, leading to unfavorable outcomes for other businesses and the economy.

2. The government took steps to prevent monopolisation by enforcing anti-trust laws.

In this context, monopolisation refers to the process of one company dominating a market, which is prevented by enforcing laws that promote competition.

3. The company's monopolisation of the industry has led to a decline in innovation.

This example highlights how a single company's control over an industry can stifle creativity and progress.

4. The policy aims to reduce monopolisation in the tech sector by encouraging new startups.

This example illustrates how policy can be implemented to discourage monopolisation and promote diversity in a specific industry.

5. The accusation of monopolisation by the rival company led to a lawsuit against them.

In this context, monopolisation refers to the act of gaining an unfair advantage over competitors, which can lead to legal consequences if proven in court.