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Monopolium

A Law Dictionary and Glossary · George C. Kinney · 1893

A Law Dictionary and Glossary

gr.-l. The sole power, right or privilege of sale; monopoly; a monopoly. Monopolium dicitur, cum unus solus aliquod genus mercaturse uuiversum emit, pretium ad suum libitum statueus: it is called monopoly, when one single person buys up the whole of a commodity, fixing on it a price at his pleasure.