Definition of monopolistic in US English:

monopolistic

adjective

  • Relating to a person or business that has exclusive possession or control of the supply of or trade in a commodity or service.

    ‘the investigation into monopolistic practices among supermarkets’
    • ‘It was a rather interesting problem, regarding whether it was competitive or monopolistic to craft a certain rule.’
    • ‘We attributed the Great Depression to monopolistic restraints.’
    • ‘The fact that the import duty has insulated the domestic market provides domestic producers with the opportunity to build up a monopolistic scheme.’
    • ‘This implies a monopolistic market structure in fertilizer production, which affects the way in which the market operates.’
    • ‘He criticized this conclusion on the grounds that the existence of monopolistic conditions was the essential explanation of discriminatory pricing.’
    • ‘Restrictions on these markets allow them to remain monopolistic.’
    • ‘Also, he mentioned the difficulties of deciding whether monopolistic or competitive conditions tended to prevail in a given case.’
    • ‘The company is under investigation by the Department of Justice for possible monopolistic business practices.’
    • ‘The reciprocal obligations of aristocratic gift exchange neutralized the monopolistic imperatives of the closed shop.’
    • ‘Price transparency exposes monopolistic or isolated markets to competition.’

Pronunciation

monopolistic

/məˌnäpəˈlistik//məˌnɑpəˈlɪstɪk/