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In economics, a government-granted monopoly (also called a "de jure monopoly" or "regulated monopoly") is a form of coercive monopoly by which a government grants exclusive privilege to a private individual or firm to be the sole provider of a good or service; potential competitors are excluded from the market by law, regulation, or other mechanisms of government enforcement.
World Market Center Las Vegas [a] is a furniture showroom complex in downtown Las Vegas, Nevada, serving domestic and international sellers and buyers. [4] It contains 5.3 million square feet (490,000 m 2 ) across four buildings, part of a 57-acre (23 ha) site.
Perhaps the most famous antitrust enforcement actions brought by the federal government were the break-up of AT&T's local telephone service monopoly in the early 1980s [67] and its actions against Microsoft in the late 1990s. Additionally, the federal government also reviews potential mergers to attempt to prevent market concentration.
At a 2021 Senate hearing, the president and CEO of the Nevada Donor Network admitted that the group has season tickets for the NFL's Las Vegas Raiders and the NHL's Vegas Golden Knights and spent ...
The Justice Department sued Ticketmaster and its parent company Thursday, accusing them of running an illegal monopoly over live events in America and asking a court to break up the system that ...
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In my experience, trust in government-imposed solutions is not a natural endowment but a privilege that government regulators must earn and actively maintain.
It is a monopoly created, owned, and operated by the government. It is usually distinguished from a government-granted monopoly, where the government grants a monopoly to a private individual or company. A government monopoly may be run by any level of government—national, regional, local; for levels below the national, it is a local monopoly.