What's the difference between monopoly and privilege?

Monopoly


Definition:

  • (n.) The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.
  • (n.) Exclusive possession; as, a monopoly of land.
  • (n.) The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.

Example Sentences:

  • (1) Cape no longer has the monopoly on talent; the stars are scattered these days, and Franklin's "fantastically discriminating" deputy Robin Robertson can take credit for many recent triumphs, including their most recent Booker winner, Anne Enright.
  • (2) In June 2012 we got our first elected president, and, in his first year in office, the state's monopoly on violence was broken.
  • (3) The data on tobacco consumption, from 1900 to 1985, was obtained from official publication of the Administration of the State Monopolies or from unpublished material kindly provided by the same Administration.
  • (4) As psychiatry belongs to the system, it received the monopoly of access to the symbolic and mental dimension which is included in the disorders.
  • (5) • The Catholic church's near monopoly of influence in education means that the ultimate power in each school is the local Catholic bishop.
  • (6) And they say the Trans-Pacific deal will do big favours for pharmaceutical companies and other US corporations, for instance, by lengthening copyright protections and the monopoly period for newly developed drugs.
  • (7) As his recent study on the retailer points out, when it comes to digital distribution of entertainment, Amazon is very far from being a monopoly.
  • (8) "I don't ... believe that the organisation ever seeks to behave in anything but the most socially responsible way – but monopolies will always act in their own best interests, and those interests may not coincide with those of the rest of us.
  • (9) The chief executive of Europe's largest newspaper publisher has accused Google of abusing a monopoly position in the digital economy to discriminate against competitors and build up a "superstate".
  • (10) No longer monopolies or oligopolies, the barrier to entry to their kingdom and business reduced to an inch, they simply cannot maintain their old scale, the size and margins that the City demanded.
  • (11) "We had a second open access company, Wrexham and Shropshire, and that ran a popular service which was hampered by monopoly rights that Virgin have enjoyed.
  • (12) Despite a near monopoly in many towns, HMV stores were seeing sales slump year after year, even at paper-thin margins.
  • (13) Fortune Magazine predicted that “ the apparent M-Pesa monopoly may be set to crumble ”, indicating that the new licensing regime could open up the market long dominated by Safaricom.
  • (14) And it’s partly about tailoring use of data, so I can choose what apps and systems I share my information with, rather than giving one firm a monopoly over where my vital statistics are sent and analysed.
  • (15) The government doesn’t have a monopoly on patriotism, Shorten says.
  • (16) Despite the recent announcement of an EU antitrust case against Google , which is accused of unfairly using its monopoly in search to boost its online shopping product, the paper says that competition law isn’t the right way to enforce fairness, since the cases are “lengthy and expensive”.
  • (17) 3.47pm BST Greece to sell gambling stake; maybe lease islands The Greek privatisation office has announced that it will start the process of selling its 29% stake in OPAP , the state gambling monopoly.
  • (18) David Cameron will herald new moves to open up public services to private providers when he hails the role of “insurgent companies” and speaks of the benefit of “breaking state monopolies”.
  • (19) "Telecoms is a very good example: for a long time, we had a government monopoly, which stifled innovation, and the service was poor.
  • (20) It will promote an environment that is consistent with effective competition; it will challenge abusive monopoly behaviour, take steps to promote competition where customers are being disadvantaged (for instance, in retail banking) and promote long-term investment rather than the casino capitalism that has disadvantaged the UK’s economy and social cohesion.” Facebook Twitter Pinterest On the BBC’s Newsnight programme Ed Balls, the shadow chancellor, forgets the name of the Labour’s small businesses leader, Bill Thomas.

Privilege


Definition:

  • (n.) A peculiar benefit, advantage, or favor; a right or immunity not enjoyed by others or by all; special enjoyment of a good, or exemption from an evil or burden; a prerogative; advantage; franchise.
  • (n.) See Call, Put, Spread, etc.
  • (v. t.) To grant some particular right or exemption to; to invest with a peculiar right or immunity; to authorize; as, to privilege representatives from arrest.
  • (v. t.) To bring or put into a condition of privilege or exemption from evil or danger; to exempt; to deliver.

Example Sentences:

  • (1) In a climate in which medical staffs are being sued as a result of their decisions in peer review activities, hospitals' administrative and medical staffs are becoming more cautious in their approach to medical staff privileging.
  • (2) Whittingdale also defended the right of MPs to use privilege to speak out on public interest matters.
  • (3) Does parliamentary privilege really mean that the four accused should not face trial?
  • (4) In fact the deep femoral artery represents an exceptional and privileged route for anastomosis that is capable of replacing almost perfectly an obstructed superficial femoral artery and also in a more limited way femoro-popliteal arteries with extensive obstructions.
  • (5) As an organisation rife with white privilege, Peta has the luxury of not having to consider the horror that such imagery would evoke.
  • (6) Essentially, it would pay into the EU for this privilege and abide by many EU trade laws, but without participation in Brussels.
  • (7) His central focus was on the neutrality of government rules – or what he called (on p117), "the Rule of Law, in the sense of the rule of formal law, the absence of legal privileges of particular people designated by authority" – not the elimination of government rules: "The liberal argument is in favor of making the best possible use of the forces of competition as a means of coordinating human efforts, not an argument for leaving things just as they are."
  • (8) I'm privileged to be working for such a unique organisation and sincerely hope the Future Jobs Fund initiative continues to provide opportunities for people in my position," he said.
  • (9) The relevant immunity and privilege statutes of each State and the protection afforded by State law were analyzed.
  • (10) The prison suicide rate, at 120 deaths per 100,000 people, is about 10 times higher than the rate in the general population.” The report calls for a recently revised incentives and earned privileges regime to be scrapped and for an undertaking that prisoners with mental health problems or at known risk of suicide should never be placed in solitary.
  • (11) These issues relate directly to the question of "prescribing privileges" for psychologists.
  • (12) The contribution of psychoanalysis to a theory of subjectivity involves the formation of a concept of the subject in which neither consciousness nor unconsciousness holds a privileged position in relation to the other; the two coexist in a mutually creating, preserving and negating relationship to one another.
  • (13) One theory is that the army have learned the lesson of 2012 – the year they ruled Egypt and turned the people against them – that they will protect their interests and their privileged position and return as soon as possible to the director's chair – in the shadows.
  • (14) Zhang Lifan, an independent scholar, told the Associated Press that the use of offshore holdings by those with ties to officials gave a strong impression of privilege and impunity.
  • (15) Each of the five hospitals denied the doctors privileges without reaching the merits of the doctors' qualifications.
  • (16) From the immunological point of view, pregnancy is a privileged allograft, with complex mechanisms of adaptation within the maternal immune system preventing rejection.
  • (17) His line on white privilege is ace: “There ain’t a white man in this room that would change places with me,” he says on his DVD Bigger & Blacker , then adds gleefully, “And I’m rich!” He makes lots of films, too, but as is often the way with comedians, those are, shall we say, less gilded affairs.
  • (18) But with the privilege of hindsight – plus a very long afternoon wading through the responses to the green paper – handily archived on the iLegal site – it probably wasn't the time to give ministers the benefit of the doubt, no matter how slender and qualified that benefit was.
  • (19) Were it not for these pedigreed colonies, we would not have been privileged to have this assemblage of papers on behavior, social structure, predisposition to disease and management of breeding colonies.
  • (20) Like a reforming editor, he needs to convince people that his changes are designed to strengthen, not undermine, the inestimably valuable tradition of which he has the privilege to be the temporary custodian.