legal monopoly
noun
COMMERCE,ECONOMICSukus[CorU]
asituationin which agovernmentgives therighttoprovideparticulargoodsorservicesto onecompany:
a legal monopoly on/over sthThechemicalsgrouphas alegalmonopolyon UKopiateproduction.
[C]
acompanythat has therightto be the only one thatprovidesparticulargoodsorserviceswithin acountryorarea:
Railroads andairlineshave beenoperatedaslegalmonopoliesat differentperiods.