MONOPOLISTIC - Định nghĩa trong Từ điển tiếng Anh
monopolistic (adjective)
/məˌnɑːpəˈlɪstɪk/
Giải nghĩa:
Relating to one organisation or group having control of supply in a market
Ví dụ:
Some people argue that monopolistic practices lead to less competition in the market.
monopolistic (adjective)
/məˌnɑːpəˈlɪstɪk/
Giải nghĩa:
In economics, referring to a market structure in which many companies sell products that are similar but not identical
Ví dụ:
Monopolistic competition characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes.
Cách sử dụng
The word 'monopolistic' is used to describe a situation where one company or group has complete control over a particular product or service, without any competition. This means that they can charge higher prices and provide lower quality products or services because people have no other options. For example, a company that owns all the grocery stores in a town can become monopolistic, meaning they control the prices and the supply of groceries, leaving customers with no other options. It's important to recognize monopolistic situations as they can harm the economy and consumers.
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