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regulated company

noun
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Definition of regulated company

: a mercantile association holding by government charter exclusive trading rights with specified lands and combining freedom for the individual to trade on his own capital with regulations limiting trade in order to keep up prices

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“Regulated company.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/regulated%20company. Accessed 15 December 2019.

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