Comment

Comment by leonidasrup

Electric grid are excellent example of natural monopoly.

"An industry is a natural monopoly if a single firm can supply the entire market at a lower long-run average cost than if multiple firms were to operate within it."

https://en.wikipedia.org/wiki/Natural_monopoly

parent leonidasrup 2 months ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton