Outrageously Funny Word Dictionary :: Premonopolizing

👉 In economics and business, a premonopolizing company refers to an entity that has a dominant market position in a particular industry. This implies that it is not only able to sell its products or services at higher prices than competitors but also can exert significant influence over the pricing of these products or services. Premonopolizing companies are often seen as having advantages due to their ability to negotiate lower prices with suppliers, which allows them to pass on higher costs to consumers. This can lead to a situation

premonopolizing