👉 Monopolization is a legal concept in which one individual, entity or group has complete control over a market or industry. In other words, it refers to the practice of controlling a significant portion of a product or service's supply and demand, making it difficult for others to enter the market. In the context of monopolies, the term "monopolization" is often used to describe situations where one entity holds all the rights or control over a specific industry. This can be due to factors such
