Title: On Natural Monopoly and Natural Monopoly Regulation
Abstract: Traditional theory on features of naturanl monopoly has some limits The features of natural monopoly are studied related with economies of scale and scope in this paper. Regulation of natural monopoly is important but should be designed according to the strength and sustainability of the natural monopoly. Natrual monopoly can affect efficiecy positively or negatively The positive effects of natural monopoly are studied in this paper;Regulatory reform in China is a course of both deregulation and reregulation duo to the unique economic conditions under transformation
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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