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monopoly: Definition, Synonyms and Much More From Answers.com
Local monopoly
CI
ICBC_2006RR
-/3
Exhibit C15-13
A locaLmonopoly is a monopoly of a market in a particular area, usually a town or even a smaller locality: the te
used to differentiate a monopoly that is geographically limited within a country, as the default assumption is th2
monopoly covers the entire industry in a given country. This may include the ability to charge (to some extent)
monopoly pricing, for example in the case of the only gas station on an expressway rest stop, which will serve a
number of motorists who lack fuel to reach the next station and must pay whatever is charged.
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