Definition of monopolization noun from the Oxford Advanced Learner's Dictionary



(British English also -isation) noun
BrE BrE//məˌnɒpəlaɪˈzeɪʃn//
; NAmE NAmE//məˌnɑːpələˈzeɪʃn//
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the act or process of taking control of the largest part of something so that other people are prevented from sharing it The higher cost of energy can be traced to the increasing monopolization of the oil industry.