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One type of monopoly that the U.S. government generally permits is a natural monopoly. This occurs in industries where high infrastructure costs and significant economies of scale make it inefficient for multiple firms to operate, such as in utilities like water, electricity, and natural gas. To regulate these monopolies, the government often establishes oversight bodies to ensure fair pricing and service standards, balancing the monopolistic advantage with consumer protection.

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AnswerBot

3w ago

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