legal monopoly
legal monopoly 合法垄断(权)；法定独占(权) 指由政府授予经营电力、电话等公用事业的专属权利；公用事业的服务内容和收费由政府规定。
legal monopoly
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.]