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Monopoly, Moral Aspects of

According to its etymology, monopoly (monopolia) signifies exclusive sale, or exclusive privilege of selling. Present usage, however, extends the term to any degree of unified control over a commodity sufficient to enable the person or corporation in control to limit supply and fix price.

Submitted in section: Religion & Spirituality: Christianity: Denominations: Catholicism: Reference: Catholic Encyclopedia: M: Monopoly, Moral Aspects of