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What is another word for Monopolies?

Pronunciation: [mənˈɒpəlɪz] (IPA)

Monopolies refer to the exclusive control of a product or service by a single company. However, there are several synonyms for monopolies, including domination, control, hegemony, supremacy, and monopoly power. These words indicate the power and control one company has over the market and the competition. Additionally, words such as oligopoly, duopoly, and cartel can also be used to describe the concentration of market power in the hands of a few companies. Understanding these synonyms for monopolies is essential in comprehending the market structure and identifying the risks associated with the lack of competition. The prevalence of monopolies can often lead to higher prices, lower competition, and reduced innovation.
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What are the paraphrases for Monopolies?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Monopolies?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for Monopolies?

Monopolies, the word which refers to the exclusive control of a particular commodity or service by a single company or group, has a range of antonyms that are worth noting. The antonyms of monopolies include words such as diversity, competition, variety, decentralization, plurality, and diversity. These words describe the opposite of monopolies, where there is a free market with multiple players, multiple options, and various choices. These antonyms signify economic freedom, open markets, and the opportunity for small businesses to compete with larger corporations. In a competitive market, customers have better access to products and services, and prices may be more affordable as a result.

What are the antonyms for Monopolies?

Usage examples for Monopolies

Municipalities, indeed, have widened their industrial domain considerably; it has become common for them to take into their own hands things like the gas and water supply of the community which would in any case be Monopolies, and their management, being exposed to an extremely effective local opinion, is generally very advantageous.
"Contemporary Socialism"
John Rae
But if the balance of evidence seems against public management in this class of Monopolies, it stands, I think, decidedly in favour of public management in another and not unimportant class.
"Contemporary Socialism"
John Rae
The question is entirely different with proposals that are sometimes made for converting into municipal Monopolies branches of production-such, for example, as the bread supply of the community-which are carried on by individual management under effective competition.
"Contemporary Socialism"
John Rae

Famous quotes with Monopolies

  • How come there's only one Monopolies Commission?
    Nigel Rees
  • Monopolies are not justified by theory; they should be permitted only when justified by facts. If there is no solid basis for extending a certain monopoly protection, then we should not extend that protection.Before the monopoly should be permitted, there must be reason to believe it will do some good — for society, and not just for monopoly holders.
    Lawrence Lessig

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