A monopoly is stillborn

22.06.2011 - EB

Glossary of difficult words

stillborn - (of a plan or proposal) having failed to develop or succeed;

vertical monopoly - a monopoly created through the integration of companies in the supply chain (such as coal production, power production and power distribution);

sand in the gears - unexpected problems that arise;

to spur on - to give encouragement to something;

compelling - inspiring conviction; not able to be refuted;

to unravel - to undo or to become undone;

contingency - a future event or circumstance that is possible but that cannot be predicted with certainty.



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