The overview according to the definition of the query is listed in the following part of the clarification.
Explanation:
Perfect rivalry or competition defines a business system in which a vast handful of similar competitors compete with homogeneous goods against each other.
Monopolistic, respectively, refers to a business system where a vast number of individual companies compete with distinct goods against one another and.
An Oligopoly defines a system of the economy where a limited number of businesses are competing against one another and.
A monopoly depends on the business system where every other market is dominated by a single company.
it lists the law of the country and gives the state the power to enforce them... The rule of law being the supreme law of the land, nobody is above the law, it applies to everyone and everyone must stick to the law and do what it says to avoid Anarchy