The phrase "allow monopoly" is correct and usable in written English.
It can be used in discussions about market dynamics, regulations, or economic policies where the concept of permitting a single entity to dominate a market is relevant.
Example: "The new legislation may inadvertently allow monopoly in the telecommunications sector, limiting competition and consumer choice."
Alternatives: "permit monopoly" or "enable monopoly".
Unlike the current government-supported system of intellectual property rights, reward models may be able to avoid the problems of allowing monopoly control and restricting access, and at the same time provide incentives to innovate (Shavell and Van Ypersele 2001).
By allowing monopoly control over digital book content accessible through its book search application, the court would be handing Google a clear advantage over other search engine companies, like Yahoo! and MSN, which could not easily replicate the terms of the settlement, since the settlement only applies to the infringer.
The important caveat Bentham introduced to justify this optimism is the proviso that government must not impede this tendency by allowing monopolies, putting "shackles" on trade and industry, or placing obstacles in the path of the division of property on inheritance.
The final straw was when Reagan allowed monopolies in the media and canceled the Fairness Doctrine.
Vanderbilt University Economics Professor Malcolm Getz says government intervention in these operations shrinks taxes and fees from revenue and allows monopolies to form.
This process continued after Elizabeth I came to the throne, with formal procedures set out in 1561 to issue letters patent to any new industry, allowing monopolies.
This process continued for three centuries, with formal procedures set out in 1561 to issue letters patent to any new industry, allowing monopolies.
Any bill that grants a legal monopoly from competition should also include provisions that allow the monopoly to be eliminated if products are priced excessively, or if other factors merit a review of the monopoly status.
The effect, experiments at Carnegie Mellon and George Mason Universities have shown, is to allow near monopoly prices even when there are competing electric-generating companies.
Right now, the U.S. strategy for getting foreign countries to bear a proportional share of drug research costs is to politely ask governments to allow unregulated monopoly prices like we have here in the U.S. The foreign response, typically, is to slap price controls on the drugs, ensuring their people get the drugs cheap.
