Natural monopolies in the United States are generally regulated by
A)the Federal Trade Commission.
B)the Department of Justice.
C)local or state regulatory commissions.
D)the Department of Commerce.

Question

Quizplus · Accepted Answer

Local or state regulatory commissions typically oversee and regulate natural monopolies, such as utilities or transportation systems, within their jurisdiction. The FTC regulates competition and prevents antitrust violations, while the Department of Justice enforces federal laws and regulations. The Department of Commerce primarily focuses on promoting economic growth and development.

Natural Monopolies in the United States Are Generally Regulated by