Re:Amazon, the world’s most remarkable firm, is just getting...
by hueving on Friday March 24, 2017 @05:10PM
(#13952242)
How many utility companies can you get to provide electricity to your house? In the vast majority of the US it's just 1.
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Re:Amazon, the world’s most remarkable firm, is just getting...
by zeteo on Friday March 24, 2017 @05:43PM
(#13952472)
You are correct that natural monopolies are allowed to exist under US law, but the trade-off is that they're strictly regulated. Each state has a utilities commission, usually appointed by the governor.