0 a situation where only one company, country, etc. produces and sells a particular product: --
The Post Office once had an absolute monopoly in the provision of telephone lines.
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.
NYA ORD
European
May 10, 2021
DAGENS ORD
Shimmer
absolute monopoly