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;

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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

Parties recognise that certain business practices of service suppliers, other than those falling under Article 8.11 (Monopoly and Exclusive Services Suppliers), may restrain competition and thereby restrict trade in services.
The Parties explicitly agree to observe Monopoly Regulation and Fair Trade Act for compliance with this Agreement.
Yontcheva presented at a recent OECD workshop suggests that considerable welfare gains can be attained when liberalising tariffs and eliminating quantity restrictions (see presentation : “Private Monopoly and Restricted Entry – Evidence from the Notary Profession”).
No consent, approval or authorization of, or declaration or filing with any Governmental Entity on the part of such Seller that has not been obtained or made is required in connection with the execution or delivery by such Seller of this Agreement or the sale by such Seller to Merger Sub of the shares of Common Stock listed beside such Seller's name on Schedule 4.2 hereto, other than filings under the HSR Act or under any Non-U.S. Monopoly Law.
Myriad Genetics Inc., [2015] HCA 35 (7 October 2015), ▇▇▇▇ ▇▇▇▇▇▇▇, ‘‘What does it mean to invent nature?” (2015) 5(5) UC Irvine Law Review 1193-1230; and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ‘‘An Exorbitant Monopoly: The High Court of Australia, Myriad Genetics, and ▇▇▇▇ Patents” in ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ ▇▇▇▇, eds., Research Handbook on Intellectual Property and the Life Sciences (Cheltenham, U.K. and Northampton, Mass.: ▇▇▇▇▇▇ ▇▇▇▇▇, May 2017) (forthcoming).

More Definitions of Monopoly

Monopoly means an entity, including a consortium or government agency, that in any relevant market in the territory of a Contracting 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 such grant or "Monopoly" means any person, public and private, designated by a national or local government authority as the sole supplier or buyer of a good or service in a given market in the territory of a Contracting Party.

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 a situation in which a single person exercises, or two or more persons with a substantial economic connection exercise, substantial control of a market for any goods services;

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.