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Từ vựng:

abuse of monopoly

Giải nghĩa:

/əˈbjuːz əv məˈnɒpəli/ – Pharse


Definition: lạm dụng vị trí độc quyền.

A more thorough explanation: An abuse of monopoly occurs when a dominant company in a market uses its market power to restrict competition, harm consumers, or unfairly disadvantage competitors.

Example: A large telecommunications company with a dominant market share might engage in abuse of monopoly by refusing to interconnect with smaller competitors, limiting consumer choice, and raising prices.

 

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