Glossary of Personal Injury Law Terms
There are 1274 entries in this glossary.| Term | Definition |
|---|---|
| Monopoly |
A restriction of trade to only one or a select few companies in which only those companies can trade in a certain area, creating a commercial advantage. Illegal monopolies are secretly built by conspiracy between two or more companies and are prohibited by law. Some monopolies are legal, such as those temporarily created by patents. |