| 单词 | natural monopoly |
| 释义 | natural monopolyˌnatural moˈnopoly noun [countable] social studies, economics an area of business in which only one company produces or supplies all of a product or service, and this is the most effective system. Natural monopolies are typically operated by companies that provide people with a service, such as supplying them with gas or electricity: Some services are natural monopolies because, for example, it is not efficient to lay several different sets of gas lines into a city. |
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