Monopolia Dicitur

CUM UNUS SOlus aliquod genus mercaturae unlversum emit, pretium ad suum libitum statuens. It is said to be a monopoly when one person alone buys up the whole of one kind of commodity, fixing a price at his own pleasure. 11 Coke, 86. MONOPOLIUM (Graeco-Lat.) The sole power, right, or privilege of sale; monopoly; a monopoly. Calv. Lex.; Code, 4, 59; Grotius de Jure Belli, lib. 2, c. 12, § 16. MONOPOLY (from Lat. monopoliwm, q. V.) An exclusive right granted to a few, of something which was before of common right. 11 Peters (U. S.) 607. The exclusive privilege of selling any commodity. Defined in English law to be "a license or privilege allowed by the king for the sole buying and selling, making, working, or using of anything whatsoever, whereby the subject in general is restrained from that liberty of manufacturing or trading which he had before." 4 Bl. Comm. 159; 4 Steph. Comm. 291. Any exclusive right or privilege. The term also indicates the possession of total (or in some cases a dominating control of a commodity, etc.