what does the government issue to people that also creates monopolies? (Natural Monopoly)

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15-11-2018
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what does the government issue to people that also creates monopolies? (Natural Monopoly)

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ecraft1904 ecraft1904 · Answer 1 · 2018-11-15T00:36:52+01:00

ecraft1904 ecraft1904

15-11-2018

When the government allows or creates a monopoly within a market, that is in essence a government monopoly. ... Natural monopolies often arise due to the rarity of a material used in production or to high production costs, which causes a natural lack of competition.

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