Definition of demonopolize in English:


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


[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.



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.

More definitions of demonopolize

Definition of demonopolize in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day maelstrom
Pronunciation: ˈmālˌsträm
a powerful whirlpool in the sea