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Considered the cutting edge of microeconomic theory in the 1970s, natural monopoly research remains an active and fertile field. After a survey and analysis of natural monopoly regulation in practice, the links between technological change and regulation are identified.
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.