Monopoly is an internet slang term used to describe a situation where a single entity or person has complete control or dominance over something. It refers to a scenario where there is no competition or alternatives available.
Examples:
1. The social media platform Facebook became a monopoly in the online networking space, leaving little room for competitors.
2. The large online retailer Amazon has built a monopoly in the e-commerce industry, making it difficult for smaller businesses to succeed.
Synonyms:
racket, domination, control, exclusive control, sole control
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