What does monopolization mean?
Definitions for monopolization
mo·nop·o·liza·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word monopolization.
Princeton's WordNet
monopolization, monopolisationnoun
domination (of a market or commodity) to the exclusion of others
Wiktionary
monopolizationnoun
The act of monopolizing or the state of being monopolized
Wikipedia
Monopolization
In United States antitrust law, monopolization is illegal monopoly behavior. The main categories of prohibited behavior include exclusive dealing, price discrimination, refusing to supply an essential facility, product tying and predatory pricing. Monopolization is a federal crime under Section 2 of the Sherman Antitrust Act of 1890. It has a specific legal meaning, which is parallel to the "abuse" of a dominant position in EU competition law, under TFEU article 102. Section 2 of the Sherman Act states that any person "who shall monopolize . . . any part of the trade or commerce among the several states, or with foreign nations shall be deemed guilty of a felony." Section 2 also forbids "attempts to monopolize" and "conspiracies to monopolize". Generally this means that corporations may not act in ways that have been identified as contrary to precedent cases.
ChatGPT
monopolization
Monopolization refers to the process or action by which a company gains exclusive control over a commodity, product, or service in a particular market, often by mergely acquiring or eliminating its competitors. This allows the company to dictate prices, supply, and other market factors without facing any competition, potentially leading to reduced innovation and customer choice. Monopolization is typically considered illegal in many jurisdictions due to its negative impact on free market competition.
Wikidata
Monopolization
Monopolization is a concept of US antitrust law, which refers to an offense under Section 2 of the American Sherman Antitrust Act 1890. It has a specific legal meaning, which is parallel to the "abuse" of a dominant position in EU competition law, under TFEU article 102. The Sherman Act 1890 §2 states that any person "who shall monopolize . . . any part of the trade or commerce among the several states, or with foreign nations shall be deemed guilty of a felony." Section 2 also forbids "attempts to monopolize" and "conspiracies to monopolize." Generally this means that corporations may not act in ways that have been identified as contrary to precedent cases. The main categories of prohibited behavior include exclusive dealing, price discrimination, refusing to supply an essential facility, product tying and predatory pricing.
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Numerology
Chaldean Numerology
The numerical value of monopolization in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of monopolization in Pythagorean Numerology is: 5
Examples of monopolization in a Sentence
Freedom From Facebook was looking for a way to discredit us so they weaponized false allegations of anti-Semitism to distract from the critique, which they're actually quite afraid of, which is the critique of monopolization, it never crossed our mind that this was anything but a symbol of monopoly.
The government's successful monopolization case against Microsoft may very well have paved the way for companies like Google, Yahoo and Apple to enter with their own desktop and mobile products.
You need to rethink the rules and regulations to make sure the monopolization doesnt happen.
European Parliament President Martin Schulz:
It is incumbent on all of us to make clear that we cannot idly accept the monopolization of power in the hands of a single man.
Any enforcer or litigant will need to navigate U.S. monopolization law as it stands, which has rarely been done successfully since the Microsoft antitrust case.
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"monopolization." Definitions.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.definitions.net/definition/monopolization>.
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