monopolization
noun/məˌnɒpəlaɪˈzeɪʃn/
/məˌnɑːpələˈzeɪʃn/
(British English also monopolisation)
[uncountable]- 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.
Check pronunciation:
monopolization