Monopoly capitalism refers to an economic system where a few large corporations dominate the market, limiting competition. In this system, these corporations can influence prices, control supply, and shape consumer choices, often prioritizing profit over social welfare. This concentration of power can lead to reduced innovation and higher costs for consumers. In monopoly capitalism, the government may play a role by allowing mergers and acquisitions that create monopolies or oligopolies. Critics argue that this undermines the principles of a free market, as it can lead to economic inequality and reduced opportunities for smaller businesses. Examples include major companies like Amazon and Google that have significant market control.