monopolistic in a sentence
a.
Definition
Monopolistic refers to a market condition where a single entity has exclusive control over a commodity or service, limiting competition and potentially harming consumers.
Sample Sentences
- The company's monopolistic control over the market has stifled competition and innovation.
- Regulators are concerned that the monopolistic practices of the tech giant could harm consumers.
- In many industries, monopolistic behavior can lead to higher prices and fewer choices for buyers.
- The government introduced new antitrust laws to combat monopolistic tendencies among large corporations.
- Critics argue that a monopolistic economy ultimately limits the potential for small businesses to thrive.
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