11 sentences with 'monopoly'
Example sentences and phrases with the word monopoly and other words derived from it.
• « However, for Europeans and Americans, the reason they had come to enjoy such wealth and power was not because of a (temporary) monopoly of industrial technology. Rather, it was the inevitable result of their inherent biological and cultural superiority. »
• « Rome struggled with a situation analogous to that of Athens, in which the rich not only had a virtual monopoly of political power, but in many cases had the legal right to enslave or at least extract labour from debtors. »
• « The plebeians were concerned that judicial decisions should always favour the patricians, who had a monopoly on judicial proceedings, so they insisted that laws be written and made available to the public. »
• « Silkworms were smuggled out of China in about 550, at which point Constantinople became the heart of the European silk industry, an imperial monopoly that generated enormous wealth. »
• « Shah Abbas built an imperial monopoly on silk production that served as a vital source of state revenue and did all he could to protect the interests of merchants (including non-Muslims: Christians from Georgia and Armenia as well as Hindus from India were welcome as long as they contributed to Iran's economy). »
• « The imperial silk monopoly collapsed and, in contrast to Abbas's pragmatic tolerance of religious minorities, the state (encouraged by conservative Shi'ite clerics) launched waves of persecution against Sunnis, Christians, Jews and Hindus. These groups had been at the heart of Iranian commerce, and thus the brief golden age brought about by Abbas came to an end almost as soon as it began. »
• « The only Persian industry that generated wealth independently of east-west trade was silk: under Shah Abbas I the state established a royal silk monopoly that produced most of the state's tax revenue, and when that monopoly collapsed due to the incompetence of his descendants the state struggled to stay afloat financially. »
• « After Da Gama, Portuguese fleets established a lucrative monopoly on trade between Europe and the kingdoms of West Africa, the kingdoms of East Africa and Indian traders. »
• « This amounted to a royal-controlled and militarily enforced monopoly of maritime trade between Europe and India and Africa that lasted well into the 16th century. Thus, tiny Portugal was, for a time, one of the richest states in Europe. »
• « It is worth noting that this Portuguese "monopoly" was primarily a monopoly between the Indian Ocean trade and Europe, and not a monopoly of trade within the Indian Ocean itself (despite the best efforts of the Portuguese, who tried desperately to impose control by force of arms). »
• « The Dutch East India Company was created to serve as the official trading company of the republic, a company with a legal monopoly to trade with a certain region: India and Southeast Asia. »