How to Pronounce "monopolies"
word
məˈnɑpəɫiz
muh-NAH-puh-leez
mənˈɒpəlɪz
muh-NOP-uh-leez
Definition
Monopolies are situations where one company or organization controls all or almost all of the market for a product or service.
IPA Transcription
American English
məˈnɑpəɫiz
British English
mənˈɒpəlɪz
Simplified Pronunciation
US
muh-NAH-puh-leez
UK
muh-NOP-uh-leez
Listen in Context
Monopolies can stop other companies from entering the market.
Some countries have laws to regulate monopolies.
People often pay higher prices because of monopolies.
Governments sometimes break up monopolies to encourage competition.