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monopolio

monopoly

noun moh-noh-POH-lyoh Less Common
People & Society Money

Origin: From Greek monos (alone) + polein (to sell).

Usage Note

Monopolio refers to an economic monopoly or exclusive control over a market. The phrase monopolio estatal (state monopoly) is common in political and economic journalism. The board game 'Monopoly' is also el Monopoly (or Monopolio) in Spanish. The antonym is competencia (competition) or mercado libre.

Examples

"La compañía tiene un monopolio en el mercado de energía."

Natural Translation

The company has a monopoly on the energy market.

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