Monopoly: A bored, (pardon the Freudian slip), game.
monopoly: A legal concept that has been legislated out of existence by attorneys, judges, and legislators. Now that all legal definitions of monopoly are unlawful, simply understand this: When a corporation is so big that it doesn't need to worry about whether consumers like doing business with it, because they have no choice, it's a monopoly.
noun.
exclusive control of a commodity or service in a given market, or control that makes possible the fixing of prices and the virtual elimination of free competition.