The exclusive control of a supply or shade. Monopolies used to be granted by the monarch to an individual as a way of rewarding that individual, or for a handsome sum.
Monopolies
Fact of the Day
In the middle ages to ensure a good batch of beer brewers had it blessed by a priest. Compensation was typically 4 pints.
Quote of the Day
"They have done for me at last, Hardy.
"
~ Nelson, at the Battle of Trafalgar
On This Day
1940 Winston Churchill orders the evacuation of the BEF from Dunkirk. Operation Dynamo begins.