Monopolia dicitur, cum unus solus aliquod genus mercaturae universum emit, pretium ad suum libitum statuens

Monopolia dicitur, cum unus solus aliquod genus mercaturae universum emit, pretium ad suum libitum statuens
A monopoly is said to exist when one person alone buys the whole of some sort of merchandise, fixing the price to his own fancy.

Ballentine's law dictionary. . 1998.

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  • monopoly — mo·nop·o·ly /mə nä pə lē/ n pl lies 1: exclusive control of a particular market that is marked by the power to control prices and exclude competition and that esp. is developed willfully rather than as the result of superior products or skill see …   Law dictionary

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