Examlex
A natural monopoly is characterized by the fact that its average costs increase rather than decrease when its output expands.
Lobby
To seek to influence a politician or public official on an issue, often conducted by lobby groups or lobbyists.
In Pari Delicto
A legal doctrine that prevents a plaintiff who has participated in wrongdoing from recovering damages for loss resulting from the wrongdoing.
Court
An institution that has the authority to decide disputes, administer justice, and apply the law.
Remedy
A form of legal redress used to enforce a right or compensate for harm or injury caused by the breach of a legal duty.
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