the very definition of a natural monopoly
means that it may in fact be
allowing the natural monopoly
to serve additional consumers more
Regulation indeed is a political act (Braeutigam 1989:1299), and is, therefore, implemented for reasons that appeal to those in power, be that the existence of natural monopoly
or something else.
Offers on tariffs indexation of natural monopoly
in 2014-2016 will be prepared until 1 July 2013.
That was in 1992 and it was indeed to take the National Grid, privatised in 1990, back into public ownership as a natural monopoly
With the new price and silenced approval of using the natural monopoly
, the regulators definitely took care "Toplifikacija" not to be damaged in any way.
problems usually seen as justifying rate regulation is natural monopoly
He said that Railways serves poor Pakistanis in areas where no other forms of transportation are available and therefore should maintain its status as a natural monopoly
The Tories and their friends in the City who privatised this natural monopoly
are shameless in the face of this great rip-off.
Even if natural monopoly
exists, the monopolist's ability to engage in price discrimination means the absence of efficiency losses.
2) In some industries, such as airlines, analysts saw a competitive industry struggling to emerge from the "dead hand of regulation"; (3) in others, scholars recommended deregulating parts of the industry and isolating the natural monopoly
, where it could be regulated safely with access to all in the competitive sector.
He said: "The Tories transferred this natural monopoly
into private hands in the 1980s.