absolute monopoly

Examples (10)

• The corporation achieved an absolute monopoly in the telecommunications sector, stifling competition.
• Such an absolute monopoly gives the company unprecedented power over pricing.
• The government intervened to prevent an absolute monopoly from forming in the energy market.
• Critics argue that the tech giant now holds an absolute monopoly in online search.
• Historically, railway companies often enjoyed an absolute monopoly in their regions.
• Without regulations, businesses can easily aim for an absolute monopoly to maximize profits.
• The small island nation's sole airline operated with an absolute monopoly for decades.
• An absolute monopoly can lead to a lack of innovation and poor customer service.
• The startup aimed to challenge the existing absolute monopoly in the software industry.
• Achieving an absolute monopoly often requires significant barriers to entry for competitors.