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monopoly

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monopoly/məˈnɑːpəli/noun
pluralmonopolies
monopoly
/məˈnɑːpəli/
noun
pluralmonopolies
Learner's definition of MONOPOLY  
[count] 
: complete control of the entire supply of goods or of a service in a certain area or market
   b  : a large company that has a monopoly
[singular]  : complete ownership or control of something — usually + on or (chiefly Brit) of

— monopolistic

/məˌnɑːpəˈlɪstɪk/adjective
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