Definition of Monopoly

Monopoly

The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.

Exclusive possession; as, a monopoly of land.

The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.

Related Definitions:

Anything, Article, As, Chartered, Combination, Command, Commodity, Companies, Dealing, Exclusive, For, Get, Given, Had, Have, However, In, Is, Land, Limited, Market, Material, May, Monopoly, Obtained, Of, Or, Other, Particular, Patented, Possession, Power, Privilege, Product, Proprietor, Remote, Right, Sale, Selling, Sole, Some, Sometimes, The, Thing, Time, To, Tobacco, Trade, Trading, Traffic, Which, With

Monopoly Quotations

Potentially, a government is the most dangerous threat to man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.
Ayn Rand

I think it's wrong that only one company makes the game Monopoly.
Steven Wright

Unless you become more watchful in your states and check the spirit of monopoly and thirst for exclusive privileges you will in the end find that... the control over your dearest interests has passed into the hands of these corporations.
Andrew Jackson

If it were necessary to give the briefest possible definition of imperialism, we should have to say that imperialism is the monopoly stage of capitalism.
Vladimir Lenin

The right of an inventor to his invention is no monopoly - in any other sense than a man's house is a monopoly.
Daniel Webster

Television of course actually started in Britain in 1936, and it was a monopoly, and there was only one broadcaster and it operated on a license which is not the same as a government grant.
David Attenborough

A tiny and closed fraternity of privileged men, elected by no one, and enjoying a monopoly sanctioned and licensed by government.
Spiro T. Agnew

Though I may deny poets their monopoly on inspiration, I still place them in a select group of Fortune's darlings.
Wislawa Szymborska

I thought Microsoft did a lot of things that were good and right building parts of the browser into the operating system. Then I thought it out and came up with reasons why it was a monopoly.
Steve Wozniak

Nevertheless most of the evergreen forests of the north must always remain the home of wild animals and trappers, a backward region in which it is easy for a great fur company to maintain a practical monopoly.
Ellsworth Huntington

We don't have a monopoly. We have market share. There's a difference.
Steve Ballmer

A monopoly on the means of communication may define a ruling elite more precisely than the celebrated Marxian formula of monopoly in the means of production.
Robert Anton Wilson

I don't know what a monopoly is until somebody tells me.
Steve Ballmer

Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.
Mario Puzo

We learned in World War II that no single nation holds a monopoly on wisdom, morality or right to power, but that we must fight for the weak and promote democracy.
Joe Baca

The one thing that I know government is good for is countervailing against monopoly. It's not great at that either, but it's the only force I know that is fairly reliable.
John Perry Barlow

In the 1920s, Wall Street was a world that was really dominated by professional speculators and stock pools. These people had a monopoly over information.
Ron Chernow

When the government picked companies and gave them monopoly rights to frequencies in San Francisco and Los Angeles and New York and Chicago, it was picking the winners of the competition; it wasn't setting the terms of the competition.
Robert McChesney

For we, too, have our ideals, even if we differ from those who have tried to establish a monopoly of idealism.
Henry Cabot Lodge

When the government allocates monopoly rights to frequency, and there are only a handful in each community, it's picking the winners in the competition.
Robert McChesney

Anyone who thinks they have a monopoly on truth, and there is only one way to see the world, always gets us into trouble.
Charles Schumer

Before the monopoly should be permitted, there must be reason to believe it will do some good - for society, and not just for monopoly holders.
Lawrence Lessig

I think the touchstone is to give consumers a full, fair choice without the power of a monopoly operating system pushing them in a direction that free competition might or might not achieve.
Jim Barksdale

I think video games are a great kind of entertainment. They have replaced a lot of games people normally play with their friends and neighbours, like Monopoly.
Uwe Boll

The scientific and scholarly community is marked by the belief that the truth is to be found in all; none can claim it as their monopoly.
John Charles Polanyi

I've led a school whose faculty and students examine and discuss and debate every aspect of our law and legal system. And what I've learned most is that no one has a monopoly on truth or wisdom. I've learned that we make progress by listening to each other, across every apparent political or ideological divide.
Elena Kagan

I had advocated the establishment of a Negro industrial commission. I had gestured against the growth of monopoly power. I had introduced a few civil rights bills.
Emanuel Celler

Monopoly controls have been the exception in free societies; they have been the rule in closed societies.
Lawrence Lessig

We also learn that this country and the Western world have no monopoly of goodness and truth and scholarship, we begin to appreciate the ingredients that are indispensable to making a better world. In a life of learning that is, perhaps, the greatest lesson of all.
John Hope Franklin

For the first time in our history, ideology and theology hold a monopoly of power in Washington.
Bill Moyers

More Monopoly Quotations

Monopoly Translations

monopoly in Dutch is alleenhandel, monopolie
monopoly in French is monopole
monopoly in German is Alleinverkauf {m}
monopoly in Italian is esclusiva, esclusiva
monopoly in Spanish is monopolio
monopoly in Swedish is monopol

Share with your Friends

Everyone likes a good quote - don't forget to share.