Natural Monopoly and Its Regulation
Type
Book
Authors
ISBN 10
1882577817
ISBN 13
9781882577811
Category
Unknown
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Publication Year
1999
Publisher
Pages
115
Description
Natural monopolies exist in those markets in which demand can be satisfied at lowest cost by the output of only one rather than several competing firms. Under such conditions, conventional wisdom suggests that government regulation must substitute for competition to discipline the behavior of firms. - from Amzon
Number of Copies
1
