In these countries no monopoly existed; and yet there the commodity was of such a quality and so abundant as to bear the duty, and even with the duty in some degree to rival the monopolist even in his own market.
Edmund Burke: “In these countries no monopoly existed; and yet there the commodity was of such a quality and so abundant as to bear the…”
Editor's note · Context
Burke points out that in regions without a monopoly, the quality and abundance of opium were sufficient to compete with monopolistic practices.
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