Русско-англо-русский юридический словарь

A natural monopoly is a monopoly in an industry in which it is most efficient (involving the lowest long-run average cost) for production to be concentrated in a single firm. This market situation gives the largest supplier in an industry, often the first supplier in a market, an overwhelming cost advantage over other actual and potential competitors, so a natural monopoly situation generally leads to an actual monopoly. (Wikipedia)

NATIONAL FOREIGN EXCHANGE ASSOCIATION (NFEA) was created on initiative of regional currency exchanges and a number of commercial banks to coordinate the efforts aimed at developing a highly professional and high-tech currency market based on strict compliance with legislation, the principles of business ethics and fair competition. (official website (http://www.nva.ru/))

The National Foreign Exchange Association is a non-commercial association of commercial banks, currency exchanges, brokerage firms, and others dedicated to the development and improvement of a high standard foreign exchange market and money market in Russia. (Wikipedia)

ArcelorMittal has halved production and is offering voluntary redundancy to 9,000 of its 315,000 staff around the world. ArcelorMittal's chief executive, Lakshmi Mittal, said the cuts were a "temporary suspension of production in view of the market conditions". "Customers have stopped buying steel and are using up their current inventory," he told shareholders. "There is absolutely no point continuing to produce what we know we cannot sell." (The Guardian)