Government Monopoly is a forced form of market domination by which a national or local administration, agency or business is permitted being the only provider of an certain product given that a competition using product is officially prohibited. A government monopoly is normally created and run by way of government, rather than by way of private business. A government monopoly may be run by any amount of government – national, regional; regarding levels below the national, it is a local monopoly.
More Post
-
Annual Report 2009 of Trust Investment Bank Limited
-
Pros and Cons of employment in Civil service or government sector – an Open Speech
-
Environmental Consequences Delivery Robots: Vehicle type is important than Automation
-
Disputes of Contract Manufacturing
-
Explain how to Invest in Stock Market
-
Software Validation