Outrageously Funny Word Dictionary :: Promonopolist

👉 Promonopolistic refers to a business strategy where a company has more control over its own products and services, typically in relation to market share. This means that the company has more influence over product or service development, pricing, distribution, or other aspects of its operations, which can lead to increased profitability and competitive advantage.

promonopolistic

👉 A promonopolist is a person who holds or has held a dominant position in an industry, particularly one that is dominated by another company. They are often seen as having significant influence over the market share and financial performance of their competitors. Promonopolists typically hold positions where they have control over key decisions, such as hiring managers, making strategic investments, or setting pricing policies for products. This level of power can sometimes lead to conflicts of interest between them and other stakeholders within the industry.

promonopolist