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What are monopolies?

What are monopolies? Here are some definitions.

Noun
  1. plural of monopoly
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State monopolies or privileged private companies secure strategic resources and keep open the conduits that provide money to the metropole.
Working for the Federal Energy Regulatory Commission, Mr Lay became a keen advocate of the liberalisation of gas and electricity monopolies.
In addition to legal reforms there are changes in market regulation pertaining to the state monopolies.
Do we really want to return to the bad old days of state-owned monopolies in the utilities sector?
Tycoons operate monopolies through the blessing of governments, central and regional, and with support from corrupt courts and bureaucrats.
The Essential Services Act would also apply to water, gas and other key public services now controlled by private monopolies.

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