Confusopoly
Definition, Meaning & Examples
Pronunciation /kənˌfjuːˈzɒpəli/ · Part of speech noun
Quick meaning: Confusopoly is a noun meaning (economics) An economic condition whereby the market force of competition is evaded via intentional obfuscation.
Meaning
(economics) An economic condition whereby the market force of competition is evaded via intentional obfuscation.
Example Sentences
Instead of the power of monopoly, consumers lose to the power of confusopoly.
Be aware that BT have just cut some prices, *and* introduced a new tariff that you can buy your way onto. Beware however that it's an even bigger confusopoly than it was before.
One of the main reasons to have competition is that it leads to lower prices. So now we have a confusopoly where innumerable providers are all offering us special deals but actual prices are being kept artificially high.
Word Forms
- confusopolies
Related Words
Related dictionary entries include obfuscation, confusionism, confustication, fuscation, pakodanomics, confounding.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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