The Sherman Anti Trust and other anti-monopoly legislation tackled several businesses during the 1920s. For a period of time, even Major League baseball was targeted. Commonwealth Edison, which was owned by Samuel Insull, was a utility monopoly. The fight against this monopoly would lead to the Public Utility Holding Act legislation.
depends
you pay 200$
Yes and you do not have to pay it back
Yes, it is more beneficial for the economy to have utilities as a monopoly, although they are considered as a 'natural' monopoly. Governments can nationalise the utility in order to maximise social welfare rather than maximise profit, this will keep prices low, keep output high and increase consumer surplus and consumer choice. Your welcome
A monopoly is most closely associated with the organization of a public utility.
A monopoly is most closely associated with the organization of a public utility.
With monopoly money...
Technically, the utility pole exists in what is commonly known as a utility easement. No, they do not have to pay you rent.
depends
The Sherman Anti Trust and other anti-monopoly legislation tackled several businesses during the 1920s. For a period of time, even Major League baseball was targeted. Commonwealth Edison, which was owned by Samuel Insull, was a utility monopoly. The fight against this monopoly would lead to the Public Utility Holding Act legislation.
At the utility company supplying power and water to your home.
You just pay the owner of the property.
No.
you pay 200$
Yes and you do not have to pay it back
Yes, players in jail can still collect rent from others if they land on their property. The player in jail cannot collect rent while in jail, but the owner of the property can still demand rent from the other players who land on it.