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English definition of “monopoly”

monopoly

noun [C or S] uk   /məˈnɒp.əl.i/ us    /-ˈnɑː.pəl-/
C2 (an organization or group that has) complete control of something, especially an area of business, so that others have no share: The government is determined to protect its tobacco monopoly. Is Microsoft a monopoly? The drafting of a new constitution cannot be a monopoly of the white minority regime (= other people should do it too). He does not have a/the monopoly on (= he is not the only one who has) good looks.
monopolistic
adjective uk   /məˌnɒp.əlˈɪs.tɪk/ us    /-ˌnɑː.pəˈlɪs-/ usually disapproving
(Definition of monopoly from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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