What does monopolist mean?
Definitions for monopolist
məˈnɒp ə lɪstmo·nop·o·list
This dictionary definitions page includes all the possible meanings, example usage and translations of the word monopolist.
Princeton's WordNet
monopolist, monopolizer, monopolisernoun
someone who monopolizes the means of producing or selling something
Wiktionary
monopolistnoun
One who has, or attempts to acquire, a monopoly on something.
Samuel Johnson's Dictionary
Monopolistnoun
One who by engrossing or patent obtains the sole power or privilege of vending any commodity.
Etymology: monopoleur, French.
ChatGPT
monopolist
A monopolist is an individual, group, or company that is the sole provider of a particular product, commodity, or service in the market, giving them significant control over market prices and output. Because they face no competition, monopolists can dictate pricing and supply conditions, often leading to higher prices and potentially reduced product quality or innovation. Economic and antitrust laws often exist to prevent monopolistic situations in the interest of protecting consumers and promoting competition.
Webster Dictionary
Monopolistnoun
one who monopolizes; one who has a monopoly; one who favors monopoly
Matched Categories
Numerology
Chaldean Numerology
The numerical value of monopolist in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of monopolist in Pythagorean Numerology is: 4
Examples of monopolist in a Sentence
The world is undergoing a radical change, our U.S. partners realize that, and that's why the Geneva meeting took place. But on the other hand, they are trying to secure their monopolist stance, resulting in threats and destructive action such as drills, provocations and sanctions.
To put it baldly, there are two ways to become wealthy: to create wealth or to take wealth away from others. The former adds to society. The latter typically subtracts from it, for in the process of taking it away, wealth gets destroyed. A monopolist who overcharges for his product takes money from those whom he is overcharging and at the same time destroys value. To get his monopoly price, he has to restrict production.
While the Court finds that Apple enjoys considerable market share of over 55% and extraordinarily high profit margins, these factors alone do not show antitrust conduct, the Court does not find that it is impossible; only that Epic Games failed in its burden to demonstrate Apple is an illegal monopolist.
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Translations for monopolist
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"monopolist." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/monopolist>.
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