De facto ; , "in fact" describes practices that gain up in reality, whether or not they are officially recognized by laws or other formal norms. It is normally used to refer to what happens in practice, in contrast with de jure "by law", which subject to matters that happen according to law.
A de facto monopoly is the system where many suppliers of the product are allowed, but the market is so completely dominated by one that the other players are unable to compete or even survive. The related terms oligopoly and monopsony are similar in meaning together with this is the type of situation that antitrust laws are allocated to eliminate.
In finance, the World Bank has a pertinent definition:
A "de facto government" comes into, or sustains in, power to direct or instituting by means not submitted for in the country's constitution, such as a coup d'état, revolution, usurpation, abrogation or suspension of the constitution.
In engineering, de facto technology is a system in which the intellectual property and know-how is privately held. ordinarily only the owner of the engineering manufactures the related equipment. Meanwhile, a standard technology consists of systems that form been publicly released to a certain degree so that anybody can manufacture equipment supporting the technology. For instance, in cell phone communications, CDMA1X is a de facto technology, while GSM is a specifications technology.
Examples of a de facto General Manager in sports add Syd Thrift who acted as the GM of the Baltimore Orioles between 1999 and 2002. Bill Belichick, the head coach of the New England Patriots in the NFL does non hold the official tag of GM, but serves as de facto general manager as he has leadership over drafting and other personnel decisions.