verb · academic
monopolize
UK/məˈnɒpəlaɪz/US/məˈnɑːpəlaɪz/mə·NOP·o·lize
to obtain or maintain exclusive control of a commodity or service in a market
Examples
“Large tech firms are often accused of monopolizing digital advertising.”
“If one company monopolizes the market, prices can rise dramatically.”
“Policymakers worry that a few firms monopolize essential services.”
Band 8 sentence
“Regulators intervened after evidence showed three firms had effectively monopolized the energy sector.”
Collocations
- monopolize the market
- monopolize resources
Word family
Common mistakes
monopoly (as a verb)→monopolize
monopolize = make a monopoly→monopolize = độc quyền; to monopolize the market
Say it for a higher band
5control→6dominate→7+monopolize
Synonyms
dominate
Easily confused
monopoly
“The company holds a monopoly on bus services in the city.”
monarchize
“The regime tried to monarchize the government after the coup.”
Related words
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In -ize
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