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ECONOMICS
Public Utilities
Utility Services
How public control transformed chaotic utility services into reliable lifelines
3 days ago
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Why are public utilities typically regulated by government entities rather than left to free-market competition?
Because government regulation guarantees the highest profits for utility companies.
Because utilities are natural monopolies where multiple competing infrastructures would be inefficient and costly.
Because utility services are not essential and can be provided by any private company without oversight.
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