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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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Yesterday the state natural gas monopoly, Gazprom, signed a deal to take control over the country's largest foreign investment, the massive Sakhalin II Gas Complex in the Russian Far East.
NPR: Russia's Putin Makes Trip to Neighboring Ukraine
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The network effect of eBay might seem like a natural monopoly in the making.
ECONOMIST: eBay
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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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On the Internet backbone, where there is no risk of a natural monopoly, collaboration is already the pattern.
ECONOMIST: The future: Tomorrow’s Internet | The
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Leaving only the intractable core of that natural monopoly to be either public or private and regulated.
FORBES: Which Should We Have: Public Utilities Or Regulated Private Monopolies?
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Because cable is a natural monopoly: digging up the streets is so expensive that cable companies seldom compete with each other.
ECONOMIST: Beware the gatekeeper | The
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The 1992 Cable Act incorrectly assumed that cable was a natural monopoly requiring permanent, extensive, and intrusive regulation of cable rates and content prices, terms and conditions.
FORBES: Obsolete Television Law Needs Modernization
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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