an idea in which a person start their own business, grows into corporation, buys out all of their competitors, aren't regulated by the US government because the combined I.Q.s of the presidents and their cabinet rarely ever exceeds the number 150, and then the corporations charge vast sums of money for products.
microsoft, oil supliers
by LA LA LA LA LA LA LA August 13, 2004
1 more definition
A term used in American politics to describe the business model where the first corporation to buy a senator is allowed to do what ever they like.
"It's a bad thing all the internet options are owned by only a few cable companies but that's the Free Market System."
by JimmyKillsAlot May 29, 2014