| 单词 | legal monopoly |
| 释义 | legal monopoly legal monopoly noun [C]
(Economics )
1 a situation in which only one company has the legal right to provide a particular service or product in a particular area: The Bank of England has a legal monopoly on the issue of banknotes in England and Wales.
2 a company that has this right: The national postal service has been a legal monopoly until now, but is about to be privatized. |
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