Top Monopoly Quotes
It's WW2 and there are wage controls in place. Instead of health care, companies decide to offer employees shoes. Having absorbed those costs, they later lobby for every company to be required to offe...
Jeffrey Tucker
Tags:
anarcho capitalism, anarchy, coercion, collectivism, communism, economics, free, free markets, freedom, government
Monopoly Definition
(n.) The exclusive power, or privilege of selling a commodity; the exclusive power, right, or privilege of dealing in some article, or of trading in some market; sole command of the traffic in anything, however obtained; as, the proprietor of a patented article is given a monopoly of its sale for a limited time; chartered trading companies have sometimes had a monopoly of trade with remote regions; a combination of traders may get a monopoly of a particular product.
(n.) Exclusive possession; as, a monopoly of land.
(n.) The commodity or other material thing to which the monopoly relates; as, tobacco is a monopoly in France.