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单词 legal monopoly
释义

legal monopoly

Definition
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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更新时间:2025/3/10 7:57:56