Meanings

  1. monopoly position, monopolistic standing (a market situation where a single entity has sufficient control of a particular product or service to determine the terms on which other individuals shall have access to it)

    Eine staatliche Monopolstellung in der klassischen Industriegesellschaft diente oft der Sicherung der Grundversorgung, wird heute jedoch kritisch hinsichtlich der Wirtschaftskraft bewertet.A state monopoly position in the classic industrial society often served to secure basic services, but is now viewed critically regarding economic power.