Transition of the Role of Government in the Natural Monopoly Industry

The natural monopoly industry adopts the practice of strict control under the traditional theory. As a result, the phenomenon of government does not work appeared. Modern economics has redefined the economic characteristic of the natural monopoly industry, which offers theoretical foundation for relaxing control. During the process, needs to change its role in the natural monopoly industry accordingly. The construction of the and market relation in the reform of British power industry has offered enlightenment form our country. Under this line, our is required to distinguish the natural monopoly ndustry, serving as different roles in different fields.