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English definition of “monopolize”

monopolize

verb [T] (BUSINESS) (UK usually monopolise)     /məˈnɒp.əl.aɪz/ US  /-ˈnɑː.pə.laɪz/
in business, to control something completely and to prevent other people having any effect on what happens: The company had monopolized the photography market for so many decades that they didn't worry about competition from other companies.Mergers and takeovers monopolization (UK usually monopolisation)     /məˌnɒp.əl.aɪˈzeɪ.ʃən/ US  /-ˌnɑː.pəl-/ noun [U]
(Definition of monopolize verb (BUSINESS) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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