Question

Why are most natural monopolies established

Answer 1

Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor but are often heavily regulated to protect consumers.

Answer 2

hi

A company with a natural monopoly might be the only provider or product or service in an industry or geographic location. Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor but are often heavily regulated to protect consumers.