legal monopoly Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "legal monopoly" - Business English Dictionary

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.
(Definition of legal monopoly from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of legal monopoly?
Add Cambridge dictionaries to your browser to your website
Word of the Day
meme

an idea, image, video, etc. that is spread very quickly on the internet

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

burger noun
burger noun
June 29, 2015
a menu on a computer screen comprising three short parallel horizontal lines which the user clicks to see options Definitely use a burger. You could put the settings in the burger menu too. Fix the settings to the bottom of the burger menu and use a vertically scrolling contact list that scrolls behind

Read More