The regulation of natural monopolies is common in all of the industries except the:

Question

Quizplus · Accepted Answer

Natural monopolies are typically regulated in industries where the infrastructure costs are high and it is inefficient to have multiple providers, such as tap water, electricity, and natural gas. The oil and gas industry, however, is not a natural monopoly as it involves competitive markets for exploration, production, and distribution.

The Regulation of Natural Monopolies Is Common in All of the Industries