monopoly

monopoly
monopoly, corner, pool, syndicate, trust, cartel are comparable rather than synonymous terms when they apply to a means of controlling prices.
Monopoly denotes the exclusive control of a service (as telephone or telegraph service) or traffic (as transportation of goods and passengers by railroad) or of a commodity (as wheat or petroleum) in a given market. Monopoly may imply exclusive control created by the state (as by franchise or patent or copyright). More frequently, however, the term is used to imply exclusive power to buy or sell a commodity or service in a given market, especially as a result of ownership or control of the sources of supply (as mines) or of the available stock of a commodity
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in the reign of Edward III [German traders] had a practical monopoly of the carrying trade— Pattison

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In extended use monopoly also denotes the group or organization having such control
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it might be that when a combination reached a certain size it might have attributed to it more of the character of a monopoly merely by virtue of its size than would be attributed to a smaller one— Justice Holmes

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A temporary or local monopoly (as of a particular security on a stock exchange or of a particular commodity on a produce exchange) constitutes a corner, so called because it puts all those who are determined to buy into a corner, or position where they must pay the price asked
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maintained his corner on wheat for three days

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Pool in this relation applies primarily to a combination of property, or of interests of different persons or companies, by means of which a more or less permanent control or monopoly is acquired. Distinctively, however, pool implies a joint undertaking or end which cannot be attained unless the market is managed either by manipulating prices (as of a commodity or security) or by destroying the effects of competition (as through agreements concerning prices or rates, regulation of outputs, or division of earnings of each organization concerned).
Syndicate is applied chiefly to a group of individuals, firms, or corporations (as banking houses) which organize for a limited time to accomplish a given purpose or more specifically such a group that is organized to market an issue of a security, makes its profit from the difference between the agreed-upon sum advanced to the issuing corporation for the securities and the fixed sale price at which they are marketed, assumes responsibility for absorbing any surplus securities not marketed, and dissolves when the marketing period is completed. Outside of the field of finance, the use of the term is extended in its application to any combination (as of newspapers, business concerns, or criminals) interested in a common project or enterprise, and often implies relation to a monopoly.
Trust specifically applies to a merger in which stockholders in the merged corporations exchange their stock for trust certificates in the new corporation and surrender their rights to trustees who operate the combined corporations, but trust is often extended to any combination of business entities, especial-ly when felt to represent a threat to healthy competition.
Cartel implies an international combination for controlling production and sale of a product or group of products.

New Dictionary of Synonyms. 2014.

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  • Monopoly — Daten zum Spiel Autor Elizabeth Magie Phillips, Charles Darrow Verlag Eigenverlag (ca. 1933), Parker Brothers (ab 1935), Waddington (ab 1936) …   Deutsch Wikipedia

  • monopoly — mo·nop·o·ly /mə nä pə lē/ n pl lies 1: exclusive control of a particular market that is marked by the power to control prices and exclude competition and that esp. is developed willfully rather than as the result of superior products or skill see …   Law dictionary

  • Monopoly — Mo*nop o*ly, n.; pl. {Monopolies}. [L. monopolium, Gr. ?, ?; mo nos alone + ? to sell.] 1. The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some… …   The Collaborative International Dictionary of English

  • monopoly — [mə näp′ə lē] n. pl. monopolies [L monopolium < Gr monopōlion, right of exclusive sale, monopōlia, exclusive sale < monos, single (see MONO ) + pōlein, to sell < IE base * pel > Lith pel̃nas, wages] 1. exclusive control of a commodity …   English World dictionary

  • Monopoly — trademark a very popular type of ↑board game that has been sold since the 1930s. Players use toy money to buy streets and buildings on squares on the board, and then make other players pay rent if they move onto those squares. The squares on the… …   Dictionary of contemporary English

  • Monopoly — Monopoly®   [ li; englisch »Monopol«] das, , Gesellschaftsspiel, bei dem mit Würfeln, Spielgeld, Anteilscheinen, symbolischen Häusern u. Ä. Grundstücksspekulation simuliert wird. * * * Mo|no|po|ly ® [...li], das; [nach engl. monopoly = Monopol]:… …   Universal-Lexikon

  • monopoly — (n.) exclusive control of a commodity or trade, 1530s, from L. monopolium, from Gk. monopolion right of exclusive sale, from MONO (Cf. mono ) + polein to sell, from PIE root *pel to sell (Cf. Skt. panate barters, purchases, Lith. pelnas …   Etymology dictionary

  • monopoly — ► NOUN (pl. monopolies) 1) the exclusive possession or control of the supply of a commodity or service. 2) an organization having a monopoly, or a commodity or service controlled by one. 3) exclusive possession or control of something. ORIGIN… …   English terms dictionary

  • Monopoly — ● Monopoly nom masculin (nom déposé) Jeu de société où les joueurs doivent acquérir par concurrence des terrains et des immeubles jusqu à en obtenir le monopole …   Encyclopédie Universelle

  • monopoly — [n] something held, owned exclusively cartel, consortium, copyright, corner, holding, oligopoly, ownership, patent, pool, possessorship, proprietorship, syndicate, trust; concept 710 Ant. distribution, jointownership, scattering, sharing …   New thesaurus

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