Natural monopoly
This is an old revision of this page, as edited by Aschlafly (talk | contribs) at 05:52, December 12, 2006. It may differ significantly from current revision.
A natural monopoly is a firm that enjoys increasing economies of scale, so much so that it can supply the entire market more cheaply as one massive firm than if there were two or more firms. Examples of natural monopolies include gas or electric companies, cable companies and railroads.