- 1. The right to be, or the fact of being, the only supplier of a specified commodity or service.
- Thesaurus: control, domination, sole right, corner, copyright; Antonym: open market.
3. A commodity or service controlled in this way.
4. Exclusive possession or control of anythingSee also duopoly, oligopoly.
- Example: You don't have a monopoly on the truth!
- Someone who monopolizes, has a monopoly or favours monopoly.