Legal Monopoly

Legal Monopoly – A legalized government mandated lone domination of the marketplace, allowed to happen and unfold, operate and thrive. It is done through statutory, de jure, legislated, on the books, by law, spirit, letter and intent, permissions, control and domination. These companies and entities are government regulated, run or independently,  protected by laws from competition (government, or state-owned), afforded exclusive rates, rights and protected territories. They enjoy favourable pricing  and policies regulations.  Best option  for government and citizens, for the greater good, initially and on an ongoing basis, like railroads, airlines and telecommunications for example (offering more access, availability, affordability, cheap and reliable services) – opposite of capitalism.