n. a person or firm or organization that has a government-approved right to offer a service or product within a particular geographical area
A patented invention is an example of a legal monopoly.
A patented invention is an example of a legal monopoly.
Hear it
statutory monopoly; de juremonopoly; monopoly protected by law
unlawful monopoly
1 syllables
VocabClass lessons are designed to engage students, improve motivation in learning the subject matter, and generate better results. Long-term retention is our focus and by making the learning process fun, our gamified approach has a positive impact on this goal.
View all games!
Try it! FREE!