Monopolistic

Pronunciation: /məˌnɑːpəˈlɪstɪk/

Monopolistic (adjective)

  1. Describing a market where one company has most power, so others have little chance to compete.
  2. Using strong control to limit competition, often making prices or choices less fair for customers.

Examples

  • The company has monopolistic control over local services.
  • A monopolistic system can limit choices for customers.