monopolization
Aussprache: [məˌnɑːpəlaɪˈzeɪʃən]
Wort
Kontext: „economics“
(noun) the process of making something the only available option. This means one company takes control of a market, so there's no competition. It's like if only one store sold candy in your whole town.
Beispiel
The monopolization of the tech industry has made it easier for consumers to access new products.
Beispiel
Monopolization can lead to higher prices, and people might not have many choices.
Beispiel
How does monopolization affect prices and variety in the market?
Kontext: „business“
(noun) when a single business or company controls a whole market. It’s like if one big pizza place was the only one allowed to make and sell pizzas.
Beispiel
The city is trying to prevent the monopolization of public transport services.
Beispiel
Monopolization can limit the chances for new businesses to start.
Beispiel
What are the laws against monopolization in our country?
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