pure monopoly Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “pure monopoly” in the English Dictionary

"pure monopoly" in Business English

See all translations

pure monopolynoun [C or U]

uk   us   ECONOMICS
a ​situation where one ​company has complete ​control of the ​supply of a ​product or ​service: The Post ​Office has a pure ​monopoly on the ​delivery of ​letters, as no ​individualcompany would be able to ​compete. High ​profits always ​attractcompetitors, so ​cases of pure ​monopoly are rare.
(Definition of pure monopoly from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of pure monopoly?
Add Cambridge dictionaries to your browser to your website
Word of the Day
faith school

a school that is financially supported by a particular religious group, usually for children from that religion

Word of the Day