👉 A monopolizer is a person or entity that has control over and effectively controls a market in which they are the sole supplier of a product, service, or other commodity. Monopolizers can exert significant influence on the prices, availability, and distribution of these goods or services, often through their ability to set prices above those of competitors. Monopsony: The term "monopoly" refers to a situation in which one individual (the monopolizer) controls all the available resources for producing or
