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30 August, 14:50

Natural monopolies in the united states are generally regulated by

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  1. 30 August, 16:42
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    Natural monopolies like electric companies and water companies are regulated by the local or state regulatory commission or agency. Natural monopolies occur when one firm or company can cater the demand of the entire market at the lowest cost. For example, in one state, a company who will provide electricity to the entire state is thus regulated in the state where it does business.
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