Ontario Hydro operates in a situation of
A) monopolistic competition.
B) pure competition.
C) oligopoly.
D) fair competition.
E) monopoly.

Question

Quizplus · Accepted Answer

Ontario Hydro is a government-owned, vertically integrated monopoly that controls the generation, transmission, and distribution of electricity in Ontario. This means that there is no competition in the production or distribution of electricity in the province, as Ontario Hydro is the only provider.

Ontario Hydro Operates in a Situation of