Regulated, you say? Take a look at regulated monopolies: https://en.wikipedia.org/wiki/Government-granted_monopoly https://en.wikipedia.org/wiki/Government-gra

Regulated, you say? Take a look at regulated monopolies: https://en.wikipedia.org/wiki/Government-granted_monopoly https://en.wikipedia.org/wiki/Government-granted_monopoly The issue is ... they are granted exclusive rights by the local government.