The second sentence in the Wikipedia entry: >Specifically, an industry is a natural monopoly if the total cost of one firm, producing the total output, is lowe

The second sentence in the Wikipedia entry: >Specifically, an industry is a natural monopoly if the total cost of one firm, producing the total output, is lower than the total cost of two or more firms producing the entire production. The industry of operating a network connecting independent taxi service providers to taxi service clients is the natural monopoly, simple because the cost to operate the service is wildly scalable, and become more useful as more people use them, as all network-based industries are.