businees spectator on sensis, page-16

Oxford Dictionary definition of monopoly follows. Simply because an exclusive provider of a good or service is regulated does not mean that it is not a monopoly. It becomes a regulated monopoly.

"noun (plural monopolies)

1the exclusive possession or control of the supply of or trade in a commodity or service: the state’s monopoly of radio and television broadcasting


a company or group having exclusive control over a commodity or service: passenger services were largely in the hands of state-owned monopolies France’s electricity monopoly, EDF


a commodity or service in the exclusive control of a company or group: electricity, gas, and water were considered to be natural monopolies


[usually with negative] the exclusive possession, control, or exercise of something: men don’t have a monopoly on unrequited love"