natural monopoly
71Conscious parallelism — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …
72Competition regulator — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …
73Competition (economics) — Competition in economics is a term that encompasses the notion of individuals and firms striving for a greater share of a market to sell or buy goods and services. Merriam Webster defines competition in business as the effort of two or more… …
74Relevant market — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …
75Robinson–Patman Act — Competition law Basic concepts History of competition law Monopoly Coercive monopoly Natural monopoly …
76National Competition Policy (Australia) — The term National Competition Policy refers to a set of policies introduced in Australia in the 1990s with the aim of promoting microeconomic reform. Contents 1 Origins 2 Key provisions 3 Benefits 4 Controversy …
77Local loop — In telephony, the local loop (also referred to as a subscriber line) is the physical link or circuit that connects from the demarcation point of the customer premises to the edge of the carrier or telecommunications service provider s network. At …
78Electricity market — An electricity market is a system for effecting the purchase and sale of electricity using supply and demand to set the price. Wholesale transactions in electricity are typically cleared and settled by the grid operator or a special purpose… …
79Public services — is a term usually used to mean services provided by government to its citizens, either directly (through the public sector) or by financing private provision of services. The term is associated with a social consensus (usually expressed through… …
80Cost curve — In economics, a cost curve is a graph of the costs of production as a function of total quantity produced. In a free market economy, productively efficient firms use these curves to find the optimal point of production (minimising cost), and… …
