Focus on the pronunciation of legal monopoly
English definition of “legal monopoly”
noun COMMERCE, ECONOMICS
› [C or U] a situation in which a government gives the right to provide particular goods or services to one company: a legal monopoly on/over sth The chemicals group has a legal monopoly on UK opiate production.
› [C] a company that has the right to be the only one that provides particular goods or services within a country or area: Railroads and airlines have been operated as legal monopolies at different periods.