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An End to Natural Monopoly
Author(s) -
Primeaux Walter J.
Publication year - 1985
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1985.tb01059.x
Subject(s) - natural monopoly , monopoly , electricity , competition (biology) , mains electricity , industrial organization , business , natural (archaeology) , economics , market economy , engineering , electrical engineering , geography , ecology , archaeology , voltage , biology
Opponents of privatisation argue that ‘natural monopoly'in the supply of electricity (and similar services) will prevent competition between private suppliers. Professor Primeaux, of the University of Illinois, shows from his studies of competing electricity firms in the United States that two suppliers can serve the same area.