Market structure where the seller faces no competition

Here is the answer for the: Market structure where the seller faces no competition Word Craze. This Word Craze clue was last seen on March 19 2024 Word Craze Daily Theme puzzle. The answer we have for Market structure where the seller faces no competition has a total of 8 letters.

Answer

The word MONOPOLY is a 8 letter word that has 4 syllable's. The syllable division for MONOPOLY is: mo-nop-o-ly

Definition

•	The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.
•	Exclusive possession; as, a monopoly of land.
•	The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.

Other March 19 2024 Word Craze Daily Theme Puzzle Clues

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