
Monopolist
Market Power
 Describes a situation where a business can dictate terms due to lack of competition. 
As a monopolist, the company set high prices for its products.
 Negative Connotation
 Often viewed negatively as it may lead to unfair practices and higher prices for consumers. 
People were upset when the internet provider became a monopolist.
 Economic Context
 Used mainly in economic discussions about market dynamics and competition. 
The economist accused the tech giant of being a monopolist.