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Monopolist

usgb/məˈnɑːpəlɪst/Volume
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Market PowerPlay
Describes a situation where a business can dictate terms due to lack of competition. SlideAs a monopolist, the company set high prices for its products.
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Negative ConnotationPlay
Often viewed negatively as it may lead to unfair practices and higher prices for consumers. SlidePeople were upset when the internet provider became a monopolist.
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Economic ContextPlay
Used mainly in economic discussions about market dynamics and competition. SlideThe economist accused the tech giant of being a monopolist.
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