monopolist

/ˈmɑnəˌpɑlɪst/ or /ˌmɑnəˈpɑlɪst/

Definitions

1. noun

A person or organization that has complete or almost complete control of a particular market or industry.

“The company’s CEO is a monopolist who has used aggressive tactics to eliminate its competitors.”

2. noun

A person who has a monopoly on a particular product, service, or area.

“The monopolist in the local taxi market has been accused of price gouging.”

3. adjective

Relating to or characteristic of a monopolist or monopoly.

“The monopolist’s business practices have been criticized for being monopolistic.”

Synonyms

  • cartel
  • oligarch
  • tycoon

Antonyms

  • competitor
  • entrepreneur
  • small business owner