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Intellectual property rights are temporary grants of monopoly intended to give economic incentives for innovative activity.
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This temporary monopoly is intended to allow innovators to recoup the costs of research and development by setting prices well above production costs.
Competition among multiple power producers, rather than a regulated monopoly, is intended to lower New York's power costs, which are among the highest in the nation.
While it's admittedly not the toughest questioning, it does baldly address the simple idea that Graham and others consider Facebook effectively a monopoly and intend to craft regulations or legislation to remedy what they perceive as a regulatory gap.
The decision is intended to end monopoly agreements that allow artists to collect payments only from agencies in their own countries.
The Justice Department's antitrust division has rescinded Bush administration guidelines intended to shield monopolies from antitrust accusations.
An EU directive issued two years ago, intended to prevent monopolies in airport services, was watered down by member states to the point where it will achieve virtually nothing.
But the system was designed to provide incentive for new inventions; it was never intended to hand out monopolies on whole areas of research.
Last week, the European Union signed an agreement with Azerbaijan, Georgia, Turkey and Egypt that could revive the long delayed Nabucco pipeline, which is intended to break Russia's monopoly on Caspian Basin energy supplies.
SAS held a monopoly on these routes and the airlines intended to capture the leisure market between the capital regions.
Other measures are intended to break up industrial monopolies and introduce competition.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com