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monopolist

Line breaks: mon|op¦ol|ist
Pronunciation: /məˈnɒp(ə)lɪst
 
/

Definition of monopolist in English:

noun

A person or business that has a monopoly: production by a monopolist is cheapest [as modifier]: the state-owned monopolist generating company
More example sentences
  • A monopolist can determine the market price for its product and can be described as a price maker rather than a price taker.
  • It was followed, at the end of the 15th cent., by the Merchant Venturers of London, monopolists of the expanding cloth industry's overseas trade.
  • When you talk about withdrawing your services from the sick, it's just like the monopolists using monopoly power.

Derivatives

monopolistic

1
Pronunciation: /-ˈlɪstɪk/
adjective
Example sentences
  • That way, companies, no matter how monopolistic or inefficient, can employ the masses and pay them handsomely.
  • The cure for high prices is not simple or quick because it lies in dismantling monopolistic market structures that have built up over decades.
  • And many governments stubbornly cling to monopolistic practices that limit expansion.

monopolistically

2
Pronunciation: /-ˈlɪstɪk(ə)li/
adverb
Example sentences
  • Suppose now, though, that a new profit opportunity in one region induces entry there of an additional monopolistically competitive firm and hence production of an additional variety.
  • While Y is produced under conditions of perfect competition, intermediate goods follow a monopolistically competitive market structure.
  • Brown began by noting that the monopolistically determined price after the imposition of the tax could stay the same, rise by more than the amount of the tax, or rise by less.

Definition of monopolist in:

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Word of the day orthoepy
Pronunciation: ôrˈTHōəpē
noun
the correct or accepted pronunciation of words