monopoly background

monopoly

/məˈnɒpəˌli/ /məˈnɑpəˌli/

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noun

Monopol, Alleinvertretungsrecht

Examples :

"The local bus company has a monopoly on public transportation in the city. "

Das lokale Busunternehmen hat ein Monopol auf den öffentlichen Nahverkehr in der Stadt.

business economy law industry organization government

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noun

Monopol, Alleinherrschaft

An exclusive control over the trade or production of a commodity or service through exclusive possession.

Examples :

"A land monopoly renders its holder(s) nearly almighty in an agricultural society."

Ein Landmonopol macht seinen Inhaber in einer Agrargesellschaft nahezu allmächtig.

economy business industry commerce

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noun

Monopol, Alleinherrschaft

The privilege granting the exclusive right to exert such control.

Examples :

"Granting monopolies in concession constitutes a market-conform alternative to taxation for the state, while the crown sometimes bestowed a monopoly as an outrageous gift."

Die Gewährung von Monopolen im Konzessionswesen stellt eine marktgerechte Alternative zur Besteuerung für den Staat dar, während die Krone manchmal ein Monopol als ungeheuerliches Geschenk verlieh.

business economy government law right finance property

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noun

Das Monopol

(metonymy) The market thus controlled.

Examples :

"The company's monopoly on the latest software made it difficult for smaller firms to compete. "

Das Monopol des Unternehmens an der neuesten Software erschwerte es kleineren Firmen, zu konkurrieren.

business economy

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noun

Monopolist, Monopolinhaber

(metonymy) The holder (person, company or other) of such market domination in one of the above manners.

Examples :

"Because they were the only internet provider in town, the residents accused the company of being a monopoly, charging unfairly high prices. "

Weil sie der einzige Internetanbieter in der Stadt waren, beschuldigten die Einwohner das Unternehmen, ein Monopolist zu sein, der unfaire, hohe Preise verlangte.

business economy finance law industry