单词 | monopoly power |
释义 | monopoly powerDefinition Degree of price setting power held by a supplier on the basis of its market share. Use 'monopoly power' in a SentenceThe monopoly power of the airline was too high so several other smaller airlines increased their investment in themselves to share the profits with the largest airline. Mr. Gates smirked at the board's assertion he was in possession of a monopoly power, and gently placed his black top hat on the table. Microsoft enjoyed a great deal of monopoly power, which was reflected in the price of their products, until government restrictions took hold. |
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