natural monopoly

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natural monopoly

A monopoly that develops because of the unique nature of a business. For example, water supply is often regarded as a natural monopoly because it would be prohibitively expensive and wasteful to build competing distribution infrastructure.
References in periodicals archive ?
The average risk category comprises retail chains with sales revenue exceeding 400 million RUB and economic entities that are holders of natural monopolies or involved in regulated types of activities, with the necessary gross revenue over 10 billion RUB.
This is why I filed Senate Bill 1441, which seeks to amend the antiquated Public Service Act that would confine the definition of 'public utility' to natural monopolies, which are the transmission and distribution of electricity, and water works and sewerage systems as it should.
Under Bannon's plan, tech companies that reach a monopoly-like status in their field-Facebook as a social network or Google as a search engine-would be viewed like other natural monopolies like water, sewer systems  or railroads -- and subjected to utility-style regulations for the public.
The post-war period proved that nationalised industries - especially natural monopolies like rail, water, transport and energy - were superior to private industry.
Historically, regulation of natural monopolies has followed the old Mark Twain adage: put all of your eggs in one basket and then watch that basket.
Strong network effects create natural monopolies - industries where competition tends to vanish on its own.
electrical transmission are examples of natural monopolies.
Draft protocol to the treaty determines the specific terms of accession of the Kyrgyz Republic to the Eurasian integration, including trade in services, regulation of natural monopolies, transport policy, rules for industrial subsidies, and other.
Overview of literature on economic regulation of natural monopolies
The market regulator is the Agency for Regulation of Natural Monopolies (ANMR).
72 tenge = $ 1) in Kazakhstan since October 25, the Kazakh Agency for Regulation of Natural Monopolies reported on Friday.