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demonopolize

Line breaks: de|mon¦op¦ol|ize
Pronunciation: /diːməˈnɒpəlʌɪz
 
/
(also demonopolise)

Definition of demonopolize in English:

verb

[with object]
Introduce competition into (a market or economy) by privatizing previously nationalized assets: the key ingredient, demonopolizing the economy, has not been fully approved
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

1
noun
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.

Definition of demonopolize in:

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