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From: Webster's Revised Unabridged Dictionary (1913)

 Mo·nop·o·lize v. t. [imp. & p. p. Monopolized p. pr. & vb. n. Monopolizing ]  To acquire a monopoly of; to have or get the exclusive privilege or means of dealing in, or the exclusive possession of; to engross the whole of; as, to monopolize the coffee trade; to monopolize land.