3 ms·
Anything with a natural monopoly. Utilities (water, electric, telephony/cable/data services) or where having two of something makes no sense given physical lim
by zdw 3y ago
Anything with a natural monopoly.
Utilities (water, electric, telephony/cable/data services) or where having two of something makes no sense given physical limitations (Transportation sector, etc.)
- jntvjnvutnuvt 3y agoYou're right but the person is talking in the context of competition and how competition doesn't reduce profit margins "for industries with big capital requirements."