The Regulation Theory and Practice of Natural Monopoly Industry
Bo Yang
Abstract
Bo Yang
Abstract
This paper compares the economic efficiency between regulation and competition of natural monopoly industry, and analyzed the regulation trend of natural monopoly industry. Based on it, this paper analyzes the reform situation of electric power industry and puts forward some policy suggestions for the regulation reform of electric power industry.
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This paper compares the economic efficiency between regulation and competition of natural monopoly industry, and analyzed the regulation trend of natural monopoly industry. Based on it, this paper analyzes the reform situation of electric power industry and puts forward some policy suggestions for the regulation reform of electric power industry.
Key concepts: Natural monopoly, Monopoly, Electric power industry, Competition (biology), Industrial organization, Economics, Natural (archaeology), Power (physics)