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Moreover, in networks with clear natural monopoly characteristics an ex ante price regulation must be considered.
In fact, it is likely that the first exchanges or yield managers to achieve scale will take on natural monopoly characteristics.
Today's monopoly electricity market is the result of conscious political design, not natural monopoly characteristics.
Similar(57)
In short, the monopoly platform characteristics that have protected Windows all these years are breaking down.
In Germany, WSC show characteristics of natural monopoly.
Competition in physical mail happens upstream whereas downstream delivery of physical mail has the characteristics of a monopoly".
"Competition in physical mail" – that is competition for profits – "happens upstream", while "downstream delivery of physical mail" – that is, the actual work – "has the characteristics of a monopoly".
The agency has "characteristics of a monopoly," says Kaye, and "provides a service that is absolutely essential".
This monopoly on violence is the distinguishing characteristic of the modern nation-state, according to Weber.
Hence, to precisely estimate the impact of monopoly on income variations by industry, industrial characteristics should be analyzed more systematically.
That's characteristic of monopolies whose activities are not very effectively scrutinised by anybody until now.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com