absolute monopoly Definition in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “absolute monopoly” - English Dictionary

"absolute monopoly" in Business English

See all translations

absolute monopolynoun [C or U]

uk   us  
a situation where only one company, country, etc. produces and sells a particular product: have an absolute monopoly on sth In order to have an absolute monopoly on the use of an idea, you need to take out a patent. The Post Office once had an absolute monopoly in the provision of telephone lines.
(Definition of absolute monopoly from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of absolute monopoly?
Add Cambridge dictionaries to your browser to your website
A blazing row: words and phrases for arguing and arguments
A blazing row: words and phrases for arguing and arguments
by ,
May 04, 2016
by Kate Woodford We can’t always focus on the positive! This week, we’re looking at the language that is used to refer to arguing and arguments, and the differences in meaning between the various words and phrases. There are several words that suggest that people are arguing about something that is not important. (As you might

Read More 

Word of the Day

galaxy

one of the independent groups of stars in the universe

Word of the Day

trigger warning noun
trigger warning noun
May 02, 2016
a warning that a subject may trigger unpleasant emotions or memories This is not, I should stress, an argument that trigger warnings should become commonplace on campus.

Read More