Editing State monopoly (section)

{{Short description|Government control of an industry or economic sector}}
In [[economics]], a '''government monopoly''' or '''public monopoly''' is a form of [[coercive monopoly]] in which a [[government]] agency or [[government corporation]] is the sole provider of a particular good or service and competition is prohibited by law. It is a monopoly created, owned, and operated by the government. It is usually distinguished from a [[government-granted monopoly]], where the government grants a monopoly to a private individual or company.

A government monopoly may be run by any level of government—national, regional, local; for levels below the national, it is a [[local monopoly]]. The term '''state monopoly''' usually means a government monopoly run by the national government.