legal monopoly

The exclusive right granted by government to business to provide utility services that are, in turn, regulated by the government. [Cases: Public Utilities 113. C.J.S. Public Utilities §§ 4, 69, 71.]

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词条贡献者

译员Dennis，毕业于英国顶尖的高级翻译学院，专注翻译各种与高管退休金和员工福利有关的法律文件。