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The concept of an electric monopoly emerged in the late 19th and early 20th centuries, particularly as companies like General Electric and Westinghouse began to dominate the industry. The establishment of regulated electric utilities, often granted exclusive rights to serve specific geographic areas, solidified these monopolies. The Public Utilities Holding Company Act of 1935 in the United States further shaped the regulatory landscape, aiming to curb abuses and promote fair competition in the electric market.

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4mo ago

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