pro-monopoly
/proʊ mɒnɒpəli/ · pro.mon.oly.poy
noun
- A person or organization that supports or advocates for a monopoly, often in a business or economic context. The company's CEO was criticized for being a pro-monopoly advocate, pushing for laws that would limit competition in the industry.
- A policy or system that favors or promotes monopolies, often at the expense of competition and innovation. The government's pro-monopoly policies have led to a lack of diversity in the market, stifling entrepreneurship and creativity.
Did you know? The term 'pro-monopoly' is often associated with the concept of 'crony capitalism', where businesses and politicians collude to create and maintain monopolies, often at the expense of the general public.