Monopoly definition

Monopoly means a situation where a single person exercises, or two or more persons with a substantial economic connection, exercise substantial control of a market for any goods or services;
Monopoly means an entity, including a consortium or government agency, that in any relevant market in the territory of a Party is designated as the sole provider or purchaser of a good or service, but does not include an entity that has been granted an exclusive intellectual property right solely by reason of the grant;
Monopoly means any person or entity designated by a [national [or subnational]79 government authority] [Contracting Party] as the sole supplier or buyer of a good or service in a relevant market in the territory of a Contracting Party . It does not include a person or entity that has an exclusive intellectual property right solely by reason of such right or the exercise of such right80 81.

Examples of Monopoly in a sentence

  • Central Measures: Law of the People's Republic of China on Tobacco Monopoly (2015) , Article 1,2 and 3 Special Administrative Measures (Negative List) for the Access of Foreign Investment (2021)Article 9; Regulation on the Implementation of the Law of the People's Republic of China on Tobacco Monopoly (2016).

  • Due to the enhanced enforcement of and tightened regulatory requirements under the Amended Anti- Monopoly Law, we may receive greater scrutiny and attention from regulators and more frequent and stringent investigation or review by regulators, which will increase our compliance costs and subject us to heightened risks and challenges.


More Definitions of Monopoly

Monopoly means any person or entity designated by a [national [or subnational] government authority] [Contracting Party] as the sole supplier or buyer of a good or service in a relevant market in the territory of a Contracting Party, but does not include a person or entity that has an exclusive intellectual property right, concession, licence authorisation or permit solely by reason of such right or exercise of such right [nor does it include an entity charged with the collective management of intellectual property rights].
Monopoly as defined in Article 16.9 (Definitions);
Monopoly means any person or entity designated by a [national [or subnational]65 government authority] [Contracting Party] as the sole supplier or buyer of a good or service in a relevant market in the territory of a Contracting Party, but does not include a person or entity that has been granted an exclusive intellectual property right [, concession, license, authorisation or permit]66 solely by reason of such grant or the exercise of such right. 67
Monopoly means any person or group of persons, public or private, whatever its legal nature, designated by a national [or local] government authority as the sole supplier or buyer of a commercial good or service in a market in the territory or part of the territory of a Contracting party, [for an indefinite period of time.]57 [possible carve out for IPR]
Monopoly. , for a registered design, means the exclusive right to apply the design to an article for which the design is so registered;
Monopoly here means not so much its modern acceptation of “monopolizing” a particular “relevant” market but rather refers to the traditional meaning of monopoly as exclusive control over a specific commodity or idea.31 Monopoly is an exclusive possession. Thus, patent and copyright holders have a legitimate and effective way to exclude trespassers and free riders, similar to physical property owners having such a right over trespassers.
Monopoly means “mo nopoly” as defined in Chapter 12 (Anticompetitive Business Conduct, Designated Monopolies, and Government Enterprises);