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Discover Ludwig"has monopolized" is a correct and usable phrase in written English.
You can use it when you want to describe something or someone as having a complete control or domination of a certain situation. For example: "Wealthy companies have monopolized the housing market, driving up rents and making it difficult for lower-income families to afford homes."
Exact(25)
The party has monopolized Parliament since independence in 1965.
In two games and two Dutch victories, Sneijder has monopolized the award, which is voted on by fans worldwide.
His family, particularly his son Oleg, has monopolized many of the country's profitable businesses, the critics say.
He is not the "Yankee type," either, and he has "monopolized all the attention" since arriving in the Bronx in 2004.
Earnhardt and Waltrip drive for Dale Earnhardt Inc., or D.E.I., the company that has monopolized victory lane at the Daytona and Talladega, Ala., superspeedways since 2001.
When all else fails, there is always dumb luck, though by all accounts Dr. Dean has monopolized that, too, this cycle.
Similar(33)
The Republicans haven't just monopolized one side of a major issue of the day; they have monopolized both sides.
Behind her Aisling heard Kilroy telling the girl he had monopolized about that night.
His club got back the trophy that Manchester United had monopolized for three seasons.
For seven years now, the very best men's players have monopolized the Grand Slam trophies.
Until the 1980's Taquileños had monopolized all boats that set ashore on the island.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com