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Public utilities aren't necessarily public companies. Private companies own and manage the lines, yes, but prices are fixed by the government, and companies are
by lukeschlather 14y ago
Public utilities aren't necessarily public companies. Private companies own and manage the lines, yes, but prices are fixed by the government, and companies are required to supply water to residents, often even in cases of non-payment. Hardly a free market, and definitely what I would call regulated public utilities.