monopole

/ˈmɑnəˌpoʊl/
noun
  1. A company or person that has complete control over a product or service, with no competition.
    • Being the only seller of a rare mineral gave the company a monopole in the market.
    • The local water company is a monopole, so residents have no choice but to pay its rates.
    • The government broke up the telecom monopole to encourage lower prices.
  2. Exclusive control or possession of something.
    • She has a monopole on the best ideas in the office.
    • No single country should have a monopole on space exploration.
    • The team's monopole on the championship ended when they lost the final.
Antonyms
What does "monopole" mean? | whatsthatwordmean | whatsthatwordmean