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monopoly /məˈnɑːpəli/  

  • noun
    plural -lies
    [count] complete control of the entire supply of goods or of a service in a certain area or market
    a large company that has a monopoly
    [singular] :complete ownership or control of something - usually + on or (chiefly Brit) of
    He seems to think he has a monopoly on the truth. [=to think that he is the only person who knows what is true]