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state monopoly
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lightbulbAbout this topic
A state monopoly is a market structure where a single government entity exclusively controls the production and distribution of a particular good or service, eliminating competition. This control can arise from legal regulations, ownership of resources, or strategic government policies aimed at managing economic activities for public interest.
lightbulbAbout this topic
A state monopoly is a market structure where a single government entity exclusively controls the production and distribution of a particular good or service, eliminating competition. This control can arise from legal regulations, ownership of resources, or strategic government policies aimed at managing economic activities for public interest.