Monopolization occurs when a single company or entity gains exclusive control over a market or industry, limiting competition. This can happen through various means, such as acquiring competitors, setting unfair prices, or using aggressive business practices. When a company becomes a monopoly, it can dictate terms to consumers and suppliers, often leading to higher prices and fewer choices. Governments often regulate monopolization to protect consumers and ensure fair competition. Laws, such as the Sherman Antitrust Act in the United States, aim to prevent monopolistic practices and promote a healthy marketplace. By maintaining competition, these regulations help foster innovation and keep prices in check.