Sentence:  Exactly! You can't reduce the competition when nobody is competing! You could not be describing a <WSD>monopoly</WSD> more clearly if you were wearing a metal top hat while driving a metal car after winning second prize in a beauty contest! 
Meaning of the word marked with <WSD> tags:  A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.