nouna situation where an organisation owned and run by the state (e.g. the Post Office) is the only supplier of a product or service
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Definition of public monopoly: nouna situation where an organisation owned and run by the state (e.g. the Post Office) is the only supplier of a product or service.
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Definition of public monopoly from QFinance - The Ultimate Financial Resource. What is public monopoly? Definitions and meanings of public monopoly.