monopoly

noun

• Complete market control for a service or product
• Exclusive control of a commodity or service in a particular market, or control that makes possible the fixing of prices.
• A situation in which one company or group controls all or most of the supply of a particular product or service.
• A board game in which players try to gain monopolies on properties as their opponents are forced to pay them rent.
• Exclusive control of a commodity or service in a particular market, or control that makes possible the fixing of prices.