bn:02013962n
Noun Concept
Categories: Market failure, Monopoly (economics)
EN
government-granted monopoly  franchise  Bus franchise  Franchised monopoly  government-granted monopolies
EN
In economics, a government-granted monopoly is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement. Wikipedia
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EN
In economics, a government-granted monopoly is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement. Wikipedia
State-sanctioned monopoly by a private company Wikidata
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