Monopoly
Origin

The term "monopoly" first appears in Aristotle 's Politics. Aristotle describes Thales of Miletus 's cornering of the market in olive presses as a monopoly (μονοπώλιον). Another early reference to the concept of "monopoly" in a commercial sense appears in tractate Demai of the Mishna (2nd century CE), regarding the purchasing of agricultural goods from a dealer who has a monopoly on the produce (chapter 5; 4). The meaning and understanding of the English word 'monopoly' has changed over the years.
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