Public regulation rather than public ownership has been the primary means used in the United States to ensure that the behavior of natural monopolists is socially acceptable.

Question

Quizplus · Accepted Answer

In the United States, public regulation has been the preferred approach to control natural monopolies, such as utilities and telecommunications companies, to ensure their practices are in the public interest, rather than resorting to public ownership of these entities.

Public Regulation Rather Than Public Ownership Has Been the Primary