ETYM Latin monopolium, Greek; monos alone + polein to sell.
(Economics) A market in which there are many buyers but only one seller.
In economics, the domination of a market for a particular product or service by a single company, which therefore has no competition and can keep prices high. In practice, a company can be said to have a monopoly when it controls a significant proportion of the market (technically an oligopoly).
In the us, antitrust legislation has been used vigorously to break up and/or prevent the growth of monopolies. Even some closely regulated monopolies, such as the American Telegraph and Telephone Company, have been broken up to ensure competition. A monopsony is a situation in which there is only one buyer; for example, most governments are the only legal purchasers of military equipment inside their countries.
Exclusive control or possession of something.
Isključivo pravo trgovanja nekom vrstom robe (naročito kad država zadrži za sebe pravo na proizvođenje i trgovinu nekom vrstom robe, npr. solju, šibicama, duvanom, petroleumom, raznik blanketima i dr.); jedan od najviših stupnjeva udruživanja kapitalističkih preduzeća, karakterističan za epohu imperijalizma, v. imperijalizam; pr. monopolski. (grč.)
(Trademark) A board game in which players try to gain a monopoly on real estate as pieces advance around the board according to the throw of a die.
The world's biggest-selling copyrighted game, a board game of buying properties, building houses on them, and charging rent.
It was devised in the US 1934 by Charles B Darrow (1889–1967), with street names from Atlantic City, New Jersey, where he spent his vacations; he sold the game 1935 to Parker Brothers, US game manufacturers, for a royalty.