monopoly

monopolio

Situación en que una empresa controla casi todas las ventas de un producto o servicio, con poca competencia.

En inglés sencillo: A situation where one company controls nearly all sales of a product or service, with little competition.

• The company has a monopoly.
• Without competition, a monopoly can charge high prices.
• The government acted to break the firm’s monopoly on telephone services.

Cómo se usa: a monopoly on something (The company has a monopoly on local electricity sales.); a monopoly in something (It holds a monopoly in the domestic rail market.)

Sinónimos: monopolist

Expresiones frecuentes: have a monopoly, monopoly on something, state monopoly, monopoly on trade