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He was notable, in particular, for doing nothing to bring to heel the country's huge natural-gas monopoly, Gazprom, the company he used to run (see article).
ECONOMIST: Collapse in Russia | The
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First, many transporters enjoy a natural or state-granted monopoly and need to be restrained from exercising it with too much abandon.
ECONOMIST: Economics focus
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Group-buying is not a natural monopoly, yet there is a limit to how many group-buying websites consumers will use.
FORBES: Online Group Buying's Need For Speed
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Moves by the Kremlin to nationalize the country's energy sector by pressuring a Royal Dutch Shell-led consortium to relinquish control of the Sahalin-2 natural gas project to Russia's state-controlled monopoly Gazprom, and Putin's meetings with Arab leaders last month to explore the creation of a "natural gas cartel" demonstrate an authoritarian view of energy management that is undeniably confrontational.
CENTERFORSECURITYPOLICY: Energy Squeeze
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Further complicating matters, Shell was also negotiating to trade half of its 55% stake in Sakhalin II with state-owned gas monopoly Gazprom for half of a giant natural gas field called Zapolyarnoye.
FORBES: Shell Shocked
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The railway involves a natural monopoly: the only other way of getting to the ruins is a four-day hike along the Inca Trail.
ECONOMIST: The battle to reach Machu Picchu
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Turkmenistan produces roughly 70 billion cubic metres of natural gas each year and about two-thirds of its exports go to Russia's Gazprom gas monopoly.
BBC: Turkmenistan profile