Definition

1. Verb:
   • To corner; to monopolize: To gain exclusive control over a commodity, market, or sector, typically to manipulate prices and restrict competition. This often implies unethical or manipulative practices to establish a dominant, controlling position.

Usage Examples

• Verb:
  • Một số tập đoàn lớn đang tìm cách lũng đoạn thị trường nguyên liệu. (Some large corporations are seeking to corner the raw materials market.)
  • Hành vi lũng đoạn giá cả bị pháp luật nghiêm cấm. (Price manipulation through monopolization is strictly prohibited by law.)

Advanced Usage

• The term "lũng đoạn" carries a strong negative connotation, implying the use of power, capital, or unfair tactics to create an artificial and harmful monopoly. It is commonly used in economic, financial, and political contexts.
• "lũng đoạn chính trị": to monopolize or manipulate politics.
  • Nhóm lợi ích đó bị cáo buộc lũng đoạn chính trị. (That interest group is accused of manipulating politics.)

Variants and Related Words

• Thao túng (v): to manipulate, to control. While similar, can be broader, applying to prices, opinions, or people, whereas strongly implies market or sector control.
• Độc quyền (v/n): to monopolize; a monopoly. is a more general, often legal/economic term for monopoly, while emphasizes the illicit or coercive process of achieving it.

Synonyms

• Monopolize: To have exclusive control of a commodity or service.
• Corner: To gain control of the entire supply of a commodity.
• Engross: To buy up the whole supply of a commodity (archaic in this sense).

Related Idioms and Phrases

• Lũng đoạn thị trường: to corner the market; to monopolize the market. This is the most common collocation.
  • Luật chống độc quyền nhằm ngăn chặn các hành vi lũng đoạn thị trường. (Antitrust law aims to prevent market cornering behaviors.)

verb

1. to corner; to monopolize
   • lũng đoạn thị trường
     to corner the market