Search results for: “oligopoly”
-
Product
Legal Definition and Related Resources of Product Meaning of Product Something produced by physical labor or intellectual effort or something produced naturally or as a result of natural process as by generation or growth. Minn. power & Light […]
-
Natural
Legal Definition and Related Resources of Natural Meaning of Natural Of or pertaining to nature; belonging or pertaining to the existing order of things inborn, innate, indigenous, native , coming within common experience; not forced or […]
-
Several
Legal Definition and Related Resources of Several Meaning of Several An obligation is said to be several when it is not joint and can be enforced independently of each other . where an obligation is several, that is, where more than one person […]
-
Bilateral Monopoly
In economics, a situation in which an entire market consists of one seller and one buyer. Given the rarity of true monopoly in the real world, true bilateral monopoly is even rarer, perhaps nonexistent. As a theoretical construct, however, bilateral monopoly is interesting, especially for the […]
-
Absolute monopoly
A species of monopoly in which one firm controls the entire output of a service or commodity for which there is no substitute. This is an exceedingly rare situation in any real economic world of any complexity and development. It may be best to consider absolute monopoly, like most absolutes, […]
-
Where
At the place, in the case of, in the event that. Graham v Standard Fire Ins. Co., 119 S.C.218, 112. S.E. 88.
-
T.r.e.
An abbreviation for Tempore Regis Edwardi meaning in the time of King Edward, the Confessor, and referring to the laws existing prior to the Norman Conquest.