| 单词 | legal monopoly |
| 释义 | legal monopolyDefinition Right granted by a government to a firm to be an exclusive provider of a particular good (such as radioactive material) or service (such as electricity or water supply, or minting of the country's currency) nationwide or within a geographic area. In exchange, the government acquires the rights to monitor and regulate the monopoly's activities, policies, and rates. |
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