Monopoly
in sentence
511 examples of Monopoly in a sentence
Regulating the tech giants should start with updated competition rules to address the
monopoly
control of personal data.
There can be little doubt that
monopoly
control over millions of people’s personal data and the flow of news and information online poses a clear and present threat to democracy.
The US Postal Service has a
monopoly
in first-class mail through a statute which makes it a crime for others to offer common-carrier first-class service.
Powerful vested interests had been built up in the postal monopoly; opposition to it was scattered.
A pitfall to be avoided here comes in sweetening the deal by converting a government
monopoly
into a private
monopoly
- which may be an improvement but falls far short of the desirable outcome.
It remained a
monopoly
and never developed a strong private interest in efficiency.
While we did not invent fire (it has been integral to Earth for more than 400 million years), we exercise a
monopoly
over its controlled use.
Although this is largely the case, no one can claim that Africans have a
monopoly
on governance failures.
What would be easy arbitrage using the Internet and delivery services gets stopped in its tracks by trade organizations and manufacturers who convince legislators and/or bureaucrats to protect their
monopoly
rents.
Some of it is a destructive transfer from consumers to shareholders as corporations gain more
monopoly
power, some of it is an improvement in efficiency from better management and more appropriately scaled operations, and some of it is overpayment by those who become irrationally exuberant when companies get their names in the news.
The more skeptical you are of the ability of government-run antitrust policy to offset the
monopoly
power-increasing effects of M&A’s, the more you should seek other sources of countervailing power – which means progressive income taxation – to offset any upward leap in income inequality.
South Koreans no longer fear brutal dictatorship; they fear economic monopoly, and the resulting dearth of opportunity.
Today, however, the world is stuck with just the opposite: a dreadfully antiquated process whereby the United States and Europe, despite their economic travails, retain a
monopoly
on the leadership of the Bank and the IMF, respectively.
Intellectual Property, Not Intellectual MonopolyWASHINGTON, DC – “The copyright and patent laws we have today look more like intellectual
monopoly
than intellectual property,” wrote Brink Lindsey and Steven Teles in their recent book about the US economy.
This has contributed to growing
monopoly
power, slowing productivity growth, and rising inequality in many economies over the past couple of decades.
Owners of capital control a rapidly-growing share of GDP, probably owing to higher economic “rents,” which reflect decreased competition and increased
monopoly
power in many sectors.
But this regulation, when combined with China’s aggressive pricing, suggests a desire to assert
monopoly
control, and the de facto ban of rare-earth exports to Japan looks like an effort to test the benefits of this looming
monopoly.
Given the benefits of preventive care, the test has become highly controversial, because its manufacturer, Myriad Genetics, holds a genetic patent that gives it a
monopoly
– and huge profits – on all testing.
This forces knowledge to be made more widely available, thereby breaking the effective
monopoly
that researchers and their funders would otherwise enjoy.
The banks do not have
monopoly
pricing power in the traditional sense, and their market share – at the national level – is lower than what would trigger an antitrust investigation in the non-financial sectors.
Having a virtual
monopoly
on supply, Russia decided that it could dictate prices.
But Ukraine has a virtual
monopoly
on delivery, so Russia blinked in this standoff as soon as gas supplies to Western Europe dropped.
The Party’s unchallenged
monopoly
on political power systematically ensured that every mistake it made – such as the dreadful decade of the Cultural Revolution – turned into a prolonged nationwide crisis.
While populists might be particularly prone to advocating facile solutions, they hardly have a
monopoly
on that tactic.
These will have to be financed, at least in part, by the imposition of environmental taxes, including carbon taxes, and taxes on the
monopoly
and other rents that have become pervasive in the market economy – and contribute enormously to inequality and slow growth.
But they do not exhibit the kind of
monopoly
pricing behavior that triggers anti-trust action by the government.
To improve the chances of success, America’s
monopoly
on the Israeli-Palestinian peace process should end.
In government (as well as in the private sector) a golden rule is that more competition and less
monopoly
is likely to be beneficial.
To be sure, such accusations are especially common in autocracies whose rulers, and their apologists, view the idea of universal human rights as a threat to their
monopoly
on power.
Over time, the major tech companies’ rapid accumulation of market power has led to the rise of oligopolies in some sectors, and
monopoly
players in a few.
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