The phrase 'monopoly industry' is correct and can be used in written English.
It is typically used to describe a situation in which one company or entity has exclusive control over the production or sale of a particular commodity or service. For example, "The monopoly industry of pharmaceuticals in the United States has led to a sharp increase in drug prices."
"Monopoly industry" and "centralized government" sound pretty much like capitalism and socialism, respectively.
These people, whose origins lay in the salaried middle class and the upper grades of the working class, had been shaped and brought together by the barren world of monopoly industry and centralized government".
On nationalising mines and banks, he appears to be on a collision with some of the world's biggest companies when he invokes the Charter's demands that "the mineral wealth beneath the soil, the banks and monopoly industry shall be transferred to the ownership of the people as a whole".
It calls for redistribution, but not nationalisation, of land; it provides for nationalisation of mines, banks, and monopoly industry, because big monopolies are owned by one race only, and without such nationalisation racial domination would be perpetuated despite the spread of political power.
The reliable, dividend-dispersing monopoly industry is history.
But Tony Smith, its chief executive, warned: "While water is currently a monopoly industry, companies must not rest on their laurels and assume that they can get away with delivering poor service".
Deregulation of monopoly industries has created a class of company that for the first time must compete for customers.
And then it gets consolidated and taken over, often through a conspiracy with the government that produces concentrated monopoly industries.
In recent years, however, changing technologies and an increased appreciation of the benefits of competition in traditional natural monopoly industries have generated powerful forces for deregulation of local telecommunications.
When capital-intensive monopoly industries are restructured and deregulated, consumer prices commence a natural drift from regulated uniform 'average cost' tariffs to competitive differential prices, and this can raise problems for policymakers.
The third option, which falls into the category of making the best of a bad situation, involves accepting that broadband access is going to remain a quasi-monopoly industry for the indefinite future.
