Monopoly meaning in English
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Definition
a monopoly: complete control
Shmike has a worldwide monopoly on athletic footwear. They have complete control of the market.
Examples
- "You can't throw hundreds of thousands dollars around as if it were Monopoly money!"
- "However, it must be said that we are not about to cut our ties with our current suppliers to enable Delavigne and its subsidiaries to create a skin-care monopoly."
- "Secondly, I certainly wouldn't allow you to create a monopoly with my products."
Exercise 1
In the first paragraph of the text, is a word which describes companies which are owned and controlled by a parent company.
In the first paragraph of the text, "subsidiaries" is a word which describes companies which are owned and controlled by a parent company.
"subsidiaries": This is the best choice here. A "subsidiary" is any company in which more than 50 percent of the voting shares are owned by another company, which is called the "parent company".
"suppliers": A "supplier" does not describe the type of company described in the question above. A "supplier" is a company or group which provides merchandise or material for another company.
"monopoly": A "monopoly" does not indicate the type of company described in the question above. A monopoly is a company or corporation (usually several companies acting in concert) which controls or dominates the production or distribution of products in a particular sector or industry. A monopoly is characterized by an absence of competition.
"partnership": A "partnership" does not indicate the type of company described in the question above. In the context of Ms. Bratwurst's letter, a "partnership" refers to a possible collaboration between Delavigne and McGillicutty's.
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