

antitrust
Meanings
Related Words
establishment noun
/ɪˈstæblɪʃmənt/
The act of establishing; a ratifying or ordaining; settlement; confirmation.
monopolies noun
/məˈnɑpəliz/
A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.
"Historically, railway transportation was often controlled by monopolies, allowing them to set high prices. "