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

  1. monopolization, monopolisationnoun

    domination (of a market or commodity) to the exclusion of others

Wiktionary

  1. monopolizationnoun

    The act of monopolizing or the state of being monopolized

Wikipedia

  1. 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

  1. 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

  1. 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.

Matched Categories

How to pronounce monopolization?

How to say monopolization in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of monopolization in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of monopolization in Pythagorean Numerology is: 5

Examples of monopolization in a Sentence

  1. Matt Stoller:

    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.

  2. Makan Delrahim:

    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.

  3. Navid Hanif:

    You need to rethink the rules and regulations to make sure the monopolization doesnt happen.

  4. 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.

  5. Amy Ray:

    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.

Popularity rank by frequency of use

monopolization#100000#123835#333333

Translation

Find a translation for the monopolization definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"monopolization." Definitions.net. STANDS4 LLC, 2024. Web. 29 Mar. 2024. <https://www.definitions.net/definition/monopolization>.

Discuss these monopolization definitions with the community:

0 Comments

    Are we missing a good definition for monopolization? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    an outward semblance that misrepresents the true nature of something
    A bash
    B disguise
    C substitute
    D cycling

    Nearby & related entries:

    Alternative searches for monopolization: