The original meaning of the word monopoly comes from Greek as a compound of two words: "mono", which means "single" or "one", and "polein", meaning "to sell". This word was defined as an exclusive legal right to sell, granted by the government, usually secured by a patent or license.
The original meaning of the word monopoly comes from Greek as a compound of two words: "mono", which means "single" or "one", and "polein", meaning "to sell". This word was defined as an exclusive legal right to sell, granted by the government, usually secured by a patent or license.
Source: Wikipedia "History of monopoly" · CC BY-SA 4.0
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