Definition of demonopolize in English:

demonopolize

Syllabification: de·mo·nop·o·lize
Pronunciation: /ˌdēməˈnäpəˌlīz
 
/

verb

[with object]
Introduce competition into (a market or economy) by privatizing previously nationalized assets.
More example sentences
  • This is to become the first stage in demonopolizing foreign operations in the electricity industry.
  • In all three countries, trade is now demonopolized and licensing and quotas play a very small role.
  • In mid-December the government set a timetable for demonopolizing its power sector.

Derivatives

demonopolization

Pronunciation: /-ˌnäpələˈzāSHən/
noun
More example sentences
  • Despite the national sighs of relief about demonopolisation of telecommunications, a vacuum has set in over precisely how the liberalisation is going to work.
  • According to a 2001 study by a well-known think tank, utility demonopolization would create 45,000 new jobs.
  • The 2001 budget law provided for the demonopolization of telecommunications and certain types of insurance, but basic telephony and workers’ compensation insurance remain a monopoly.

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