Economics Dictionary of ArgumentsHome
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| Legal Monopoly - Economics Dictionary of Arguments | |||
| Legal monopoly: A legal monopoly in economics refers to a market structure where a single firm is granted exclusive rights by the government to produce or sell a particular good or service. This can occur through patents, copyrights, or government regulation, and aims to encourage innovation or ensure public service but can limit competition and raise prices. See also Monopolies, Cartels, Oligopolies, Monopoly price, Copyright, Patents._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Rothbard, Murray N. | Legal Monopoly | Rothbard, Murray N. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-12-15 | |||
