| The highway system is a natural monopoly if the way to get goods and services to various destinations is the automobile. |
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| The electricity grid in a local neighborhood is a good example of a natural monopoly. |
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| As we've discussed, fiber is an area where it might make sense for a single network that everyone has access to, since it's a natural monopoly. |
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| Further it said as a natural monopoly the rail network presents a rather different problem. |
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| After all, health care is not a public good or natural monopoly so one can't argue that government must provide it. |
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| Air traffic control is a service of general interest provided by a natural monopoly. |
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| In this context, access to the network is a key issue, in particular taking into account that it is likely to remain a natural monopoly. |
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| The combination of these factors explains why the industry has a tendency towards natural monopoly. |
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| On the one hand, there is a natural monopoly in the distribution and transport networks, which reduces competition. |
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| A regulated company holds a sort of natural monopoly and therefore, its clients are held captive. |
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| Although storage is not a natural monopoly, facilities in certain locations may have a large impact on the functioning of the internal market. |
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| State ownership was also considered a solution to market failures in sectors of natural monopoly. |
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| Where natural monopoly exists, productive efficiency may be harmed in conditions of competition. |
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| Therefore, a high level of public control is needed to prevent the transport market from natural monopoly and from distortions by externalities. |
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| Clearly it is a natural monopoly and clearly the Court of Justice has given its opinion and nobody intends to change the status quo. |
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| Reasons quoted by the governments are mainly the character of a natural monopoly, safety and often social aspects. |
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| The index only comprises companies that have a natural monopoly in their field. |
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| The high fixed costs of water systems lead to economies of scale that contribute to conditions of natural monopoly. |
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| Efficiency of this trans-European network requires Community intervention, all the more because air traffic management is a natural monopoly. |
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| But Railtrack is a natural monopoly and if it is to work in the interest of the people, rather than shareholders, then it must be owned by the people. |
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| It is a natural monopoly and best owned by the state, he thought. |
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| This pertains in particular to those services of general economic interest provided under special or exclusive rights or under a natural monopoly since such services require regulatory supervision. |
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| In general terms, this is a public service industry that has natural monopoly characteristics and is run accordingly, and that has large externalities in the areas of public health and environmental pollution. |
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| Only the network infrastructure, which by its economic nature represents a natural monopoly, cannot be managed efficiently via the electricity market. |
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| In a country with a low population density such as Finland, the broadcasting network might constitute a natural monopoly, and concerns might arise as to the terms of access. |
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| We all perfectly understand that the majority of airports work under natural monopoly conditions and they inevitably get into interest conflicts and the users, i.e., the airlines, may suffer for this. |
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| In the past, electric power was considered a natural monopoly. |
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| At the moment, transmission remains a natural monopoly. |
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| Whiskey is not a natural monopoly, but beer is. |
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| A natural monopoly suffers from the same inefficiencies as any other monopoly. |
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| On the termination market, each operator has a natural monopoly and this is why we must regulate these rates. |
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| That was in 1992 and it was indeed to take the National Grid, privatised in 1990, back into public ownership as a natural monopoly. |
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| He argued that regulation should concentrate on activities that are characterized by a natural monopoly, and therefore, should not involve commercial activities. |
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| The question is, which system is preferable, a regulated natural monopoly, if it is a natural monopoly, or a competitive system in which merchants and consumers choose the debit network they want to use for each transaction? |
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| Cooperation between these services, which have a natural monopoly in the area under their management, can only be effective if these regulations are consistent. |
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| For this reason, electric power is viewed as a natural monopoly. |
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| A natural monopoly is an organization that experiences increasing returns to scale over the relevant range of output and relatively high fixed costs. |
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| During the 1980s and 1990s, regulations focused primarily on mandating access to the portions of the local telephone network that still represented a natural monopoly. |
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| As a natural monopoly the water industry is heavily regulated with all of its price limits, investment plans and outputs set by Ofwat on a five-year cycle. |
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| He said that Railways serves poor Pakistanis in areas where no other forms of transportation are available and therefore should maintain its status as a natural monopoly. |
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