statutory monopoly

Frequency: 4.01.5 per million words

A monopoly created and protected by law.

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Examples (10)

  • The government established a statutory monopoly for essential services.
  • Critics argued against the creation of a statutory monopoly in the energy sector.
  • Many public utilities operate under a statutory monopoly.
  • The company benefited immensely from its statutory monopoly in telecommunications.
  • Legislation was passed to prevent any single entity from gaining a statutory monopoly.
  • A statutory monopoly can sometimes lead to a lack of innovation.
  • The breaking up of the statutory monopoly led to increased competition.
  • Such a statutory monopoly is often justified by the need for public welfare.
  • Historically, postal services were considered a statutory monopoly.
  • The debate centered on whether to maintain or abolish the statutory monopoly.