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They used to be, because the infrastructure is very expensive. Nowadays with the proliferation of cell phones and internet phone technology, not so much.

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Q: Are most local phone companies natural monopolies?
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Why is it so tough that monopolies have such high barriers to entry and exit?

I don't know that they have high barriers to exist. But they usually do have high barriers to entry. It's "tough" because other companies can't compete. It's usually too expensive for a start up company to even try. Related to monopolies are oligopolies, It's ruling by the few. An example of an oligopoly is the cell phone companies. There are only a few cell phone companies because it's cost prohibitive to enter into the cell phone market.


Which of these industries has not been considered a natural monopoly in the past 30 years?

Phone service


What were the main criticisms of import substitution ISI as practiced in Latin America?

If it is used indiscriminately regardless of industry and time, it will generate inefficient monopolies that will result in higher costs for the end consumer. For example, Mexico used this industrialization strategy between 1940 and 1970, successfully achieving the Mexican Miracle. However, it continued this trend well into the 1980's, allowing inefficient monopolies such as Pemex (oil), Telmex (phone land lines) and Luz y Fuerza (electricity) to flourish. At the beginning of the 1990's high inefficiency and low flexibility meant Mexico's companies were not able to compete within an increasingly global world, putting a severe blow on Mexico's growth.


What is gprr?

GPRR is a surcharge that is found on cell phone bills. It is the charge for GPRS data services provided by cell phone companies for Internet access and data transfer.


How do you use the greek word monopoly in a sentence?

The us accused micorosft of being a monoply In the 1900s huge railroad and steel companies called trusts had monopolies The queens favorite's got rich from a monopoly on imported goods .

Related questions

Which companies are in charge of local phone service in Toronto?

There are some companies that are in charge of local phone services in Toronto. Some are Connect My Phone, AT&T, Verizon and Vonage. You just need to see which one suits your needs.


Why is it so tough that monopolies have such high barriers to entry and exit?

I don't know that they have high barriers to exist. But they usually do have high barriers to entry. It's "tough" because other companies can't compete. It's usually too expensive for a start up company to even try. Related to monopolies are oligopolies, It's ruling by the few. An example of an oligopoly is the cell phone companies. There are only a few cell phone companies because it's cost prohibitive to enter into the cell phone market.


Are local phone listings for Newcastle available?

Yes, there are local phone listing for newcastle available either through internet phone listing companies or from the local white or yellow pages found in your area.


Understanding Phone Companies?

The definition of phone companies has changed much in recent years. In the past, one local phone company provided residential local service and customers could choose their long-distance carrier. Now, many people avoid local and long distance phone companies altogether. Rather than paying for traditional service, many people use wireless services from the many top-tier and alternative wireless companies. Of course, some phone companies have divisions that offer their own wireless service. As local phone companies continue to struggle for relevance in the Digital Age, many have found ways to bundle entertainment and wireless services with their phone services to retain business.


What type of companies provide small appliance repairs?

There are many companies that will provide small appliance repairs. To find these companies you should go to your local phone book. Your phone book will list these ocmpanies.


Is there a website with reviews of companies who do basement insulation?

The best place to look for this type of work is in the yellow pages of your local phone book. Insulation companies are usually local and are not worldwide.


Are there companies that only supply business phone service?

There are plenty of options avaible for a busniess phone without using your home phone service provider. Look in your local phone book or contact your local telephone provider to help you with this.


What companies fix dry wall in UK?

There are thousands. Look in your local phone directory or paper.


Who do I call to have my car shipped?

there are a number of transport companies that specialise in this look in your local phone book


Where can I find local residential phone providers?

Look them up in the phone book ask your new neighbors what companies they use. However the major companies are present in the majority of areas so you may not even need to switch companies.


What are the names of some of the local phone companies in Canada?

There are many phone companies in Canada. To start with, there is Bell Canada. Others include CityWest, East Link, Fido, and Manitoba Telecom Services.


What companies offer loans to get cash till payday?

There are many companies that offer payday loans. These companies have a directory listing in your local phone book and also a listing of companies is available online.