Section-306 monitoringMonopoly
addressed, and that small and medium-sized businesses are competitive and can expand in the global market place. See also Section-306 monitoring. Monopoly: the existence of conditions under which there is a single provider or seller of goods and services, often maintained through legislation permitting no others to perform the same activities. Monopolies can also occur through natural market development in the private sector, but they tend to be under constant threat from prospective new entrants. See also deregulation, essential facilities doctrine and re-regulation.
Source: http://ctrc.sice.oas.org/trc/WTO/Documents/Dictionary%20of%20trade%20%20policy%20terms.pdf
Web site to visit: http://ctrc.sice.oas.org
Author of the text: W. Goode
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