Assertion: monopoly | /r/HasProperty | firm
Facets:
value: in law
type: OTHER
Source sentences:
text: The simplest case of market power is a monopoly, a firm that lacks any viable competition and is the sole producer of the industry's product.
text: In law, a monopoly is a firm that has a lot of market power and is able to charge very high prices for a product or service.
text: A monopoly is a firm that sells all or nearly all of the goods and services in a given market.
text: In law, a monopoly is a firm that has a lot of market power and is able to charge very high prices for a product or service.