semi-monopoly; quasi-monopoly
Refers to a market situation where a single entity does not have a full monopoly but holds a dominant position, often used in economics and business contexts.
That company has established a semi-monopoly position in the market.
In a quasi-monopoly situation, price competition can become limited.
Compound of 半 (half, semi-) and 独占 (monopoly). The exact historical derivation is uncertain, but the term follows a common pattern for describing partial or quasi- market structures.