0 a situation where only one company, country, etc. produces and sells a particular product:
have an absolute monopoly on sth In order to have an absolute monopoly on the use of an idea, you need to take out a patent.
The Post Office once had an absolute monopoly in the provision of telephone lines.
NYA ORD
European
May 10, 2021
DAGENS ORD
Shimmer
absolute monopoly